You could probably double or triple your profit each month with a STR, but you would probably quadruple the amount of headaches and responsibilities.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

I initially looked out of state because I was trying to acquire larger properties and couldn't find deals locally that made sense.

Funded in part with private money and the balance with investment partners, the project created profits in excess of $200,000. 

With each sell we have been able to make some profits which has given us hope that this is something we might be good at with an actual investment property and not our home.

You just have to sit and study it and plan on how to put it all together to make the property profitable.

I can literally not go to HD or Lowe's for years except for new larger scale rehabs. 

Houston has enough profitable development projects to pick from.

Even the best tenants will break things.Food for thought...If you are going to rent it out, your rehab numbers would be lower since you wouldn't be putting in the best finishes (for the same reasons as above).Doing a flip will kill you on taxes and eat into your profits due to the short term gains.

If you’re setup to deal with it at scale it can be profitable.