I have one rental in San Angelo currently that I acquired by probate and I’m looking to hit the ground running here in Lubbock.

How will timing of market cycles affect exit strategies and success of the project hitting expected returns?

You'll have a higher hit rate on the smaller, cheaper homes but less profit per deal.

Heck if I hit it early I will go for $100k!

If you want to compound money overtime, I think the classic BRRRR that everyone talks about so much on these forums, will accomplish that if you buy right, and understand each step in the process and what has to happen for you to hit the numbers you are looking for.I personally think the auction idea would be a nice option, you having a high risk tolerance and all. 

We like it because we get a lot of hits from people looking to relocate to our area that we would not have targeted otherwise.

$3600 for 6 bedroom.. make sure u hit that vote button ;)

Have real estate prices taking hit ?

Simple things like larger trash can options or having a pool or lawn (constantly need to be refilled / watered) can greatly affect those numbers.Electric can vary widely too based on AC age, efficiency of house (wood vs. stucco), and living habits of the tenants.

@Yuvaraj Vimawala I blow a foot or more of insulation in the attics of all properties to hit r38 or higher....lower bills for tenants and hvac system savers, I believe.