A SFH could make sense as a house hack if you found one that has an in-law arrangement but otherwise I'd say 2-4 units is the way to go.If house hacking doesn't make sense for you & your family, you'll likely need 20-25% down for an investment loan to buy & hold a property you won't be living in.

Network: Local meetups or online groups (like BiggerPockets)Check out financing options: traditional, creative, or raise capital.Look at properties in your area to understand the market.Let's connect!

Sounds like you're doing the right thing.

Since my property is in a D area most of prospective tenants don't like to fill out background/credit checks let alone pay for them.

At that point, the other agent (who also happens to be a mortgage broker) pays you whatever referral fee you agreed to in your referral agreement.The way the question is worded sounds like the real estate agent sent a client to a mortgage broker for a loan. 

Live in renovations for something like a kitchen or bathroom upgrade are possible but messy.

I'm an avid reader of BP but I'm also a self-taught investor like many of us here, barely 3 yrs deep into REI, so I'm certain blunders abound.

I understand the business model, but I would like to see the thought process of someone actively running a Short term rental.

Texas cities like Austin, Dallas, and Houston are experiencing rapid growth.

If you’d like help exploring real estate investments or structuring financing, I’m here to assist!