(Probably same in attorney state but I have no experience there.)it will make inspection problematic.

It can work if you have experience and a local team to help.  

Quote from @John Williams: Has anyone been on the lender side of private money and had a bad experience that they are willing to share?

From my experience working with over 400 investors, consider alternative strategies like rent-by-the-room, buying an SFH with an ADU, or renting where you live while investing elsewhere.

I have no experience with command strips.

Looking for success stories or other experiences , positive or negative, range of costs, etc.

From my experience, you can use that savings to house hack with an FHA loan, invest in a turnkey property in a more affordable market, or even partner with others to expand your purchasing power.

Hello BP's:We're looking to start building our real estate portfolio, right now analyzing different market to find the right one for us.We were wondering if anybody has experience in Sherman, TX market?

.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less  wear and tear while fixed costs like cleaning and painting are easier to absorb. 

I am in it and feel it is worth it as they have groups all over the country who, with experience transaction coordinators and funding groups, and even closers to help you along the way.