Start by choosing a county and one signal with intent (new code violations, pre‑foreclosure filings, utility shutoff lists, tax delinquencies).

Here is my advice:1.) the people you work with matter more than the market you choose.

It is so much easier to plan all the possible scenarios, choose the best path forward, and then implement it in a way that gets the desired results.Rather than trying to recover from an oppps, after the fact.Saving on taxes speeds up the next BRRRR.

Pick one neighborhood and learn it deeplyInstead of bouncing between Harker Heights, Temple, Killeen, etc, choose one pocket and learn:average rentstypical priceswhich streets are great vs. which streets are troublewhich homes rent fastestYou’ll analyze deals faster because you’re not reinventing the wheel each time.4.

You’re definitely doing the right thing by learning first before diving in.A couple of books I’d recommend are “Short-Term Rental, Long-Term Wealth” by Avery Carl , really helpful for understanding how to choose and run your first STR and “Optimize YOUR BnB” by Daniel Rusteen, which has tons of practical tips for setting up and improving your listing.If I could share one piece of advice, it would be to really dig into the local regulations and guest demand in your area early on.

Some basic co-living principles: Choose an area that's B+-C+, check zoning/unrelated persons rules, have lots of parking, decent sized rooms, a decent amount of shared area, rules that ALL abide by, streamline each and every process (several software's do this for co-living), enforce rules and checkin regularly (unless there's a house manager for larger properties), have a professional cleaner do the common areas at least once per month, define everything: processes in the house, who cleans what and when, where they can store their dishes and to clean right away, how conflicts will be dealt with, etc.

Choose any other organization!

Have to be aware of different neighborhoods with flooding/crime etc.Which one would you choose?

Get rid of all buyer objections to the property for maximum retail sale possibilities.After completion and living in the property (you can improve you cash flow by renting out areas if that is and option) you can choose your exit plan of either renting, refinancing, selling and go do it again. 

There is a lot of investment interest in Rome, and sellers have a difficult time coordinating showing appointments with tenants’ schedules so they choose to show the properties only after a binding contract.