I am reaching a point where I am starting to build up some cash, so I am looking into ways I can invest it and increase my cashflow for years to come!

You see OM's all the time touting the parent companies etc. but if they are not on the hook for the lease it means nothing.I do not mind local to regional tenants at all IF there is a personal lease guarantee with substantial net worth behind it.

If using a PM, they are expensive and often bring the return in line with LTR.  2)  STRs and MTRs are at risk of increased regulation.  

You must have 80%+ of your net worth in real estate pre-prediction.

How much is your personal property worth?

It has been booming for the past couple of years with strong job growth and population increase.

But I note that foreclosures are increasing. 

You could potentially put 4 of the 5 into a portfolio, but the one you are estimating to be worth $39k would be left out.

If tenant wants steel appliances in the other unit, you could consider asking if they want to split the cost to make it worth your while.

Any investors in the Houston area with experience in building an addition for a home to increase square footage and add value?