You'll have slimmer pickings to choose from, or unlicensed contractors. 

Than, when an organization devises how-to and does it via pooled funds to operate at slimmer margins so they DO add rental inventory, next everybody howling gotta shut em down because now they can't buy homes at price they want......... 

People typically take the late spring and summer as a chance to switch rentals due to 1) their lease probably ends then because transitions are typical in that time frame.  2) The kids are out of school and don't have to worry about potentially having to switch schools in the middle of the year.Your tenant pool would probably be slimmer due to the time it's available, but only families I would think.  

I think those that bought in the last few years for appreciation or with adjustable rate mortgages and had slimmer cash flow/margins are feeling the pinch a bit more.

No major boom has happened, Thus the likelihood of a major price crash in such markets is much slimmer than the markets which crashed in the 2008 recession.

In Texas there really aren't huge swings in exit numbers like there are in other areas of the country so you can probably tolerate operating on slimmer margins given the risk of market movements.Having said that you should consider the alternatives for that capital.