@Bob Okenwa, many thanks for the perspective.

(But, okay I have to admit, I also took 5 vacation trips with my wife since I left the corporate world lol).I have been an investor since 2010, but I am only an agent since 2016, so its a very fresh experience for me.

Your agent is correct.We will be in a feeding frenzy fighting for your listing for at least 2 months non stop telling you how great we are all day and all night.Too many agents chasing too little properties making it necessary to call the fresh meat until you grow rotten over a long time.Only way to prevent it is to sell the property now or keep it on the market for an indefinite period which eventually will hurt the future price if you do decide to sell later.Sorry for the trouble.

Right off the bat, we should be regarding this as a bad thing from a social perspective. 

I rather keep good relations with neighbors than being hasty early on (coming from perspective of living in the house, maybe different approach for PM company).

Although, I have had exposure to RE in four distinct ways: from a regulatory perspective during my time with the FDIC, from an underwriting perspective as part of a CRE underwriting team at BofA, from a public markets persepctive in my current role as an investment analyst, and as a homeowner for the past seven years.  

To give y'all perspective here is a bit about me- I live in Houston, but plan to make a move to Austin in the soon. 

Thank you all for your input and perspective.

I don't see a scenario where it doesn't at least break even from a cashflow perspective (i.e. before tax advantages).The market is interesting there - lots of aging homes and lots of new construction. 

Feel free to PM me directly if you want to connect and I am happy to share information from a fellow new investor's perspective.