My old job used to send me to Jacksonville FL often for work so I had a decent understanding of the city.

Again, this will only apply to properties in specific markets where the asset could be considered "rural" but if there's even a slight doubt/chance that the property could appraise rural, make sure you understand, what, if anything, are the ramifications. 

I totally understand not using a script, you're a natural and have it down.

This drives out competition and let's those who really know and understand the market get higher returns. 

That #1 strategy - buy a fixer - is a great idea that not everybody understands. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

I understand this will be expensive but $4,526 is also a lot to lose as well. 

To help you in your real estate journey, consider the following road map:Educate YourselfClarify Your GoalsEvaluate Your FinancesBuild a Solid Credit HistoryChoose Your Real Estate NicheNetwork with Experienced InvestorsCreate a Real Estate Business PlanStart SmallResearch and Understand the MarketStay Informed and AdaptiveConsult ProfessionalsIt is important to keep in mind that accumulating money through real estate is a path that calls for perseverance, patience, and a dedication to education.

Have not done it in TX  but I understand the process is fairly straight forward. 

U dont have to wait for the Senior loan to wipe you out and they may just pay on the note  There is a one case brewing right now that is interesting that would have a special seat in prison as there is an investor who allegedly (not accusing anyone just reading what the court docs accusation is) to simplify had an agreement/loan from one entity and used a separate entity which had investors money in it as the guarantor....So put another way for people to understand, say you have one MF syndication (call it MFA) with investors and a bank loan, and the sponsor pledged funds from a different syndication/entity/project as collateral (call it MFB).