This will also help determine what type of home you ultimately purchase and provide your beginning foundation.  

No I have given only data.So when you add all this up, the first thing you need to do is get a website and make it credible.Polish up your social media accounts, create a professional banner and start creating content that is engaging.You want people to start interacting with you.Then provide value wherever you can (like I am doing on Biggerpockets).

This can provide unique investment niches.Cons:Limited Local Knowledge: It can be challenging to have the same level of familiarity with an out-of-state market.

Take some time to improve / harden your properties etc….to remain robust against any potential downturn.

Robust supply fuels strong leasing activity in the Greater Houston areaHOUSTON — (February 21, 2024) — The new year started with solid demand for single-family rental homes as well as townhomes and condominiums.

It's coming b/c it is going to provide liquidity AND lower investment risk (decreasing cap rates and increasing property valuation). 

This is partly because a substantial down payment provides an exit strategy, such as selling the property, if financial challenges arise. 

While historically a robust economy and higher rates didn't significantly impact the housing market, today's affordability challenges mean even minor shifts affect homebuyers.Stay tuned for updates on this evolving mortgage landscape—a key resource to stay informed in the dynamic world of real estate!

It provides a lot of valuable data that I use for projecting income on a specific property.

Find a mentor -  someone who will provide you with the credibility when you lead generate with homeowners.