I try to teach my kids the importance of investing and show them real life scenarios any chance I can.

Affordable Housing Focus: Expanding programs to increase housing availability, particularly targeting urban rental affordability2.

Those might make good rentals...but also there can be extra costs...see if they are in PIDs/PUDs or MUDs that add significant cost to the monthly payment...maybe $100-$200 extra a month.Also $2500 sounds high on rent to me for 1800sqft....I would think more like around $2000/month, but haven't looked in that area lately.I do like Forney....one issue is I don't think there are good demand drivers there. 

Since I am out of state, the plan is for us to buy it together and he will make it his primary residence to get the lower down payment.

It was in the same family for a long time so we are undergoing a pretty expansive renovation in order to bring the design up to STR standards.

You have nothing to prove to anyone, @David Cheng, and there's no need to apologize.

Just messaged him a link to this post, hopefully he can pop in and share.

Looking forward to your insights!

There's Bakerson - Ruben Greth, that usually focus on much shorter holds, 12-24 months.

Welcome to BP, @Kevin Lopez!