The market went absolutely wild (like everywhere) and over the past few years our taxes more than doubled on some of our houses.

If you are putting low money down and expect it to cash flow, that is likely not going to happen.

Put the want need wish emotion down and step on it like it was cockroach.  

@Dan Kiely, I have connections to multiple investor-friendly Agents around Houston with great deals like you described...

Most folks still like listsource that I know.

They have a water leak and it’s been about 2 weeks. it’s going directly underneath my house to the point that it looks like a lake under my house.

Would it just be like a condo at that point?

It's a small town (I think 30,000 people) that's likely going to be difficult to find reliable PM's, tradespeople, etc. 

I would not put "before pictures" that are ugly, because people cannot unsee things and usually have no imagination about what it could look like. 

I'd like to sell my CO property and do a 1031 Exchange for a local FL property but I've been cautioned by members in the local investment clubs about potential Relinquished Debt consequences.