-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 

There's a free 7-day trial for you to poke around on those forums and learn more.

With insurance rates going up, best to find areas with the lowest operating cost.

Feel free to reach out if you still have questions.

To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.

Let's say at 6% over 30Yrs will be about $960 per month(Principle/Interest) with the remaining  interest only portion $40K costing roughly $200 per month. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

If you need any help with the financing or have any further questions, feel free to reach out.

We deducted the cost of cleaning the home, the carpet, and some other drywall and paint damage to the property. 

Good cost basis on the land and a strong ground game to complete.

NWA is really growing, lots of great opportunities for investments and the cost of living is still affordable.