But since you will be able to finance with LTVs, potentially higher leverage may be used and can scale the portfolio faster with the right strategy. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Since you purchased your primary recently and in Houston, I personally am bearish on your appreciation potential.

I would recommend that you analyze the operating side of the business and the capital side of the business separately.On the operating side, you can use AirDNA to predict the potential income which is gross revenue.

@Michael Keffer Hi Mike, I am still interested in learning more about Ocala FL for potential future investment. 

Also look into whether the city has already set up regulations around STR or whether there are potential changes coming down the line. 

Remember to account for potential surprises.

Duplexes or small multifamily properties, even with value-add strategies, rarely match the potential of single-family homes in the right neighborhoods.In summary:Don’t be discouraged by low cap rates—they reflect market expectations of future growth.Focus on single-family homes with high equity potential in desirable areas.Avoid chasing the "economy of scale" myth with small multifamily properties—they often come with higher turnover and lower buyer appeal.Think long-term: prioritize properties that grow in value, even if cash flow is tight at first.

It appears to hold much year round potential with the right tactics and tools.

If you have steady, high income in a coliving house I think that’s potentially more profitable.