I've been in Real Estate since '87 so I like to invest in what I know but outside of my company, in my personal portfolio I have about 20% outside of Real Estate assets in other types of debt instruments, private equity, and a bit in the traditional stock market. 

You should verify whether you can establish this type of LLC in Texas. 

That also doesn't jive with the 650 flips over 10yrs.650 over a decade, 65 flips a year, that's a lot, bit it's doable. 20, 30 or 50 flips a month.....Lol, I'd be shocked if I saw anyone come close to that type of volume.

If you are looking at more DSCR type options for a stabilized property, then you can layer in market or actual rent, taxes and insurance estimates to calculate DSCR rate.

Similarly depending on what type of property they bought, partly determines what type of tenant they attract. 

While a mini storage, apartment building or some other type may sound great they all come with their own issues and stresses. 

The goal with this type of investment is to have your tenants pay most of the ownership cost. 

What is your ongoing maintenance cost estimate as well - it’s certainly not a buy once and don’t maintain type of investment.

Do you know the current payment type conservatorship is doing?

Now this is the type of lucid analysis I've come to expect!