Also, with the amount of people hunting pre-foreclosures (wholesalers, agents, individuals, funds, etc.) and scooping them up to flip them, I don't see how the supply could outweigh the demand in the near future.

It is a great place to learn about real estate investing.

Getting an EIN is normally instantif you own the home personally, and it is a rental property, it would go on your individual return.

Trying to figure out if I can buy as individual and then transfer the asset to an LLC afterwards.

I need some advice, I continue to learn everyday, listen to podcasts, read ect but I still find myself unsure of what to do next.Basically im 22 I have 3 properties I own that are STR and all BRRRR'S besides one that is free and clear due to it being old family land that was vacant but had basically a 500 squarefoot teardown on it. 

There are a lot of other benefits to owning real estate as well people tend to forget about- depreciation- appreciation- debt paydownAlong with the benefits of syndicating large multi family which can make deals work over a multi year period that wouldn't with an individual investor. 

I'm familiar with Katy and Fort Bend but also would love to learn about other areas such as Spring and Cypress. 

Implying that an individual can become expert and easily operate in multiple states4.

You will quickly learn that most MLOs suck at REI mortgage math (hell, just read this website), hence all the fumbled pick-me-up deals.

This is a huge mistake, and something we can all learn from.