Pesticides are 70 start fee and 40 a month, they will come out 4 times a year.

I know an LLC is not necessary to invest in rental properties, but I’ve decided this would be a better option for me in the long run.

Over time, it should even out but inflation could be 10% in a given year, that doesn't mean EVERY tenant received a 10% pay increase.

If they are professional, they can explain this quickly and easily.

Are there any meetups or groups in this area (Collin County, NTX)?  

ya absolutely. most people just recommend multi family because it allows you to offset your income while living there without having roommates. also they tend to cash flow better so if the plan is to do this year over year making sure the rents cover your DTI when you move out is very important.

And as Rory points out, subsequent loans require less overall time and effort once you have a track record.

If there is any information that I missed, please let me know I can explain our situation further. 

I did run a light background and employment check, she checks out. 

I have liquid funds ready, but I want to make sure this is worth my time compared to the 5-6% cap rates I've seen on multifamily units in South Florida, which are close to what I already get from CDs and high-yield savings accounts without the hassle of property management.I'm also hesitant to invest out of state since I'm new to real estate and don’t want to make a costly mistake.