The rate is impacted ultimately by all of these factors.  

In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.

I’m sure my post will be drowned out by a bunch of turn key operators, Realtors and lenders promoting markets with C/D properties but hopefully you will take some time to consider what I shared because most who focus solely on the BRRRR method work harder, not smarter in their real estate business.  

This will make it harder to afford, harder to get lending, and ultimately limit the buyer pool which puts negative pressure on prices.  

I think ultimately, thats the key. 

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Can anyone please advice on what I should know, where to find deals and ultimately how to wholesale my first apartment building.Matt

Yes that's what it will ultimately cost. haha

Ultimately, the decision depends on your tolerance for waiting.Good luck!

Ultimately, it comes down to your strategy and how much you aim to scale.