Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

If you’re short on funds maybe seller financing or subject to deals, where you take over a seller’s mortgage or negotiate direct financing with them.

I personally leverage, but have a large rainy day fund. 

So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.

I started off doing long distance BRRRRs until the rates went up.

Yes, residential does give me a lower cap rate, but it's more stable. 

Im funding the project with a 10/1 Arm (3.65% !) 

I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit.

If you grow quickly or get too busy, you’ll have the funds in place to offload management without stress.5.Hire specialists, not “do-it-all” handymen.

They look solid and well built, it's the high crime rates and the developing area thats my worry.