There's always a need for more inexpensive housing and as an investor you get a lot of ROI. 

I wanted to let you know about an opportunity that may not be for you, but it’s based out of your area and it’s pretty inexpensive!

So my question is: Should we purchase another inexpensive SFR for ourselves this year and look into turnkey SFR in the DFW area?

My advice is prepare to fail inexpensively.  

Get your real estate license now (get a feel for the field and learn from others along the way, make as many connections as possible, maybe invest in a few properties if you're sure they won't slow you down in the future, plus make some cash on the side helping other investors) that's the easy part and fairly inexpensive, finish that degree (ideally you can do this completely online), then work in that high earning field to continually fund your own real estate deals with your own cash.

@Jon Blackburn, Akore Chemello is fantastic and inexpensive. www.whodoesyourtaxes.com

So actually, I think it's more like $925/mo in expenses.

$2000 a month in expenses is probably low. 

., And they may be able to land grants, get inexpensive help from classmates and other value added activities.I've got a potential person in mind who just got out of tech school for building houses.Any ideas on what to present as a partnership?

We love the idea of Pensacola for the inexpensive real estate, steady cash flow from military families, and all of that.