I would highly encourage you to think about your family first. 

I am encountering roadblocks when it comes to our credit score (mine is good / his is crap), experience with flipping (I have no experience / he has 22 years of flipping experience) and the amount of cash liquidity that some of the hard money lenders want is still on the high end especially starting out.

I had a conversation not that long ago with a friend who I've known since high school. 

The taxes will be higher in Texas on property than you realize, and obviously, they are high here in Chicago as well.

The cost is very high interest and origination fees.

Airbnb can provide great cash flow, especially in high-demand areas, but it requires more hands-on management.

My most successful house is loaded with color, we even wallpapered a bit which helps images pop. 

Look at Houston communities that have high rental demand, reputable schools, low crime rates, and enticing amenities.

I have high 800's credit score and prefer 0 points.

If the resident has issues with the quality of the housing such as a failing roof or HVAC issue we would advocate strongly on their behalf as well.