Without knowing the renovation and soft costs, having the original purchase and eventual sale price is worthless data.

I have never purchased a home before but in the town I would potentially move to renting makes little sense do to the cost of housing prices.

Just make sure that you understand the maintenance (foundation and roofs) and tax/insurance costs that come with owning property in Texas.

I understand the costs involved with companies like RealQuest, titlepro, dealing direct with counties. 

You can utilize low down payment loans by house hacking your next property.3) Partner with people to invest your capital together.4) Invest in lower cost marketsThe tough thing about real estate investing is that it's capital intensive.

If no one has already run them buy a lawyer here in Georgia, would anyone be interested in splitting the cost to do so?  

Its a very costly mistake to get wrong! 

Negotiate price, closing costs, and repairs, conduct inspections, and perform a final walkthrough.

I'm a fan of the consistent, not checking which way the wind is blowing, dollar cost average investor that keeps buying every year or two.

Due to high costs in San Diego, I would likely have about $2500-$3k month negative cash flow even with renting out the rooms/house.