Looking to optimize my income and expenses on my taxes as I know there are a broad range of options that are all in full compliance w/ standard tax code. 

Price range around 175,000.  2.  

She will be moving in next week :) I hadn't thought about it Colleen, but looking back as the oldest of 5 whose first house was a block from my siblings' schools, we probably need to talk to the kids about respecting this home as their sister's space and what that looks like.  

You'll probably need to look in 78721 to find housing with numbers in your price range.  

Comps in the complex are in the $70K range. 

FICO scores range from 300-850 where some of these "free credit score" websites' own scoring model might range from 400-999.  

To be brief, the two main methods that many investors in your price range make money are:1) Fix & Flip. 

Also the maximum increases with each unit, $417k is just the cap on a single unit, I believe it jumps to $567k for two units and all the way into the $800k range for a four unit.

@Tobey Porter You are correct that the management fees differ considerably for long term rentals typically a 7%-10% management fee (per moth) + "leasing commission" of 1/2 months rent for a 6 month lease and up to a full months rent for a 1 year lease.For short term rentals the majority of the management fees here on Mau i ranges from 20% and up 35% - and some of the larger companies like the Aston or Outrigger will charge 50%.  

I am looking for homes in the 100-150k range.