I've got a friend who is interested.

Conventional financing has very specific rules to follow and falsifying information on the application to get a better interest rate or to qualify and then subsequently closing on the property is a really big deal.There are loans out there that do not require seasoning of funds, would allow your friend the investor to not be on the loan (or be on the loan if he/she wants depending on credit), but it's not a conventional loan and the interest rates are not conventional interest rates.  

When my friends disagreed and we moved to house without one, I built a cheap storage shed.

Welcome, Friend!

I have a very funny story about that street that happened to a very good friend of mine. 

Yes ask your realtor friend.

We have friends that have condos in Venice but it's not a good place for VRBO's that I know of. 

We have a friend who is working over seas, and because of this, he cannot put his foreign money into a Roth account.

Where was I...Find a good contract, and find a good investor friendly attorney (closing agent).These are just a minimal set of steps... but consider this..and I said this before when I was still like you.. a mere mortal...Imagine a curved stair way.

I'd choose Killeen over Temple, but again, I grew up here and maybe my family and friend townies are just staying around this area.