@John UppermanI am in 100% agreement with @Alex Craig @Haim Mamane Palman and @Jay Hinrichsit's a no brainer if you can buy local and achieve the 11.84% ROI that you state above by all means that's the deal I would take all day everyday!!

I have understood and realized that financial freedom lies in what YOU  as a person believe you are capable of achieving with mental preparation and hard work. 

I believe the best way to achieve this is to buy and hold single family homes, but I am certinaly open to alternatives

I plan to achieve this via wholesaling to generate current cash to fund my own deals along with various flipping opportunities that are presented.

Know what your personal goals are and work backward to achieve it.6) Get started.

Once you have accumulated enough units, rapidly pay them off to retire mortgage free.I struggle with which approach works better/faster and what approach certain people took and how they achieved it.I look forward to the responses    

I have a passion for working for myself to achieve financial freedom and need some insight on where to start. 

Hope the flip works out for you and that you can achieve your 2016 goals...

High RiskMedium RiskLow RiskWhat type of returns are you wanting to achieve?

November 2015 Houston Housing StatsHighlights:Single-family home sales fell 10.5 percent compared to November 2014, marking the second consecutive monthly decline and sixth month of negative sales volume for all of 2015;Total property sales dropped 10.1 percent (5,623 units);Total dollar volume decreased 13.5 percent to $1.4 billion;At $262,064, the single-family home average price saw its first decline since February 2012;At $200,000, the single-family home median price achieved a November high;Single-family homes months of inventory climbed to a 3.4-months supply versus 2.7 months a year earlier;Townhomes/condominium sales dropped 10.3 percent with the average price down 9.3 percent to $183,884 and the median price down 15.2 percent to $130,000;Leases of single-family homes rose 7.5 percent with rents up 1.9 percent to at $1,707;Leases of townhomes/condominiums jumped 8.1 percent with rents flat $1,527.Great time for investors to buy right now before the Spring frenzy starts again.