I'm currently looking at Beaumont but open to other areas. 

For the kitchen, it doesn't look like there is much to do there besides change the cabinets and the layout maybe with the way it currently is.

Are there any markets which currently do seem to have much better returns (looking to get a 4-10% cashflow + decent appreciation on a $500k-$1M property. open to short-term or long-term).3.

Currently, living room and dining room is one large space (open layout). 

Properties that can be quickly renovated and put back on the market are likely to capture this existing demand.28305 though experiencing a slight decline in inventory, saw an increase in sales, particularly in larger homes, suggesting that despite lower availability, demand remains robust.Potential Saturation Challenges: Despite a surge in single-family home permits, areas like 28303 and 28304 may grapple with market saturation, necessitating strategic flipping approaches to navigate fluctuations in supply and demand.Recommendations:Emphasize nimble, smaller-scale flips in areas like 28303 and 28304 to mitigate risks associated with potential market saturation.Average Sale TimeZipApr 2023Apr 2024CHANGE2830156 Days30 Days-47.00%2830361 Days33 Days-45.80%2830450 Days17 Days-64.80%2830576 Days39 Days-48.30%2830672 Days30 Days-57.70%2831169 Days34 Days-49.90%28312124 Days51 Days-58.80%2831451 Days23 Days-55.00%28303: Focus on 2 to 3-bedroom houses, as these are currently experiencing robust growth in sales prices and demand.

I am currently at a stage where I have quite a bit of cash saved up but I am at a limbo where I am considering if I should keep on saving and learning, or if I am ready to start taking the next steps. 

Separate considerations:a) My friend works for this painter and I have been trying to pay her on the side to do the work under the table.b) I am trying to get the kitchen painted by June 2nd because I am having the cabinets installed and the kitchen is already demoed.c) I currently have a contractor working on the bathroom and she agreed to paint the kitchen but she has been very slow.Thank you for all the advice!

@Michael Mainini I'm very familiar with Buda, and we currently have an STR in Buda. 

Currently, I am a district manager for Build 2 Rent, specializing in new construction properties in Florida and North Carolina. 

Both properties fall into Class B- category and has no HOA and no rental restrictions.Here are the details for each property:Property 1:3 Bed, 2 Bath (1020 sq ft)Purchase Price: $250,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $50,000 + $30,000 (rehab) = $80,000)Projected Rental Income Post-renovation: $2100/monthProperty 2:2 Bed, 2.5 Bath (1168 sq ft)Purchase Price: $230,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $46,000 + $30,000 (rehab) = $76,000)Projected Rental Income Post-renovation: $1900/monthThe location is moderate, with amenities like shops, restaurants, a mall, and a baseball stadium within a 5-mile radius.Considering buying both as they are in the same building, the total cost and income overview would be:Total Price for Both Properties: $478,000Down Payment & Closing: $96,000 + $10,000 = $106,000Total Renovations: $60,000Total Price (Including Renovations): $478,000 + $60,000 = $538,000Total Out of Pocket: $166,000Projected Gross Rent Monthly: $4000The rate of interest for the mortgage is 7.5%.I am currently evaluating: A) The break-even point for two townhomes considering a cash investment of close to 32%.