Additionally, investor-friendly policies, including no state income tax, enhance appeal for out-of-state buyers.However, pushback on investing in Texas often centers on market-specific risks.

I'm thinking about brining on a family friend as a business partner to split the work and bring additional capital, but I don't necessarily need them...This is obviously a big ask on a first time house hack, but would love to hear if anyone has ever heard of people successfully executing this strategy?

STR would be an additional lane, not my first exposure to real estate. personally to me, even if you buy something on the other side of the country, you should visit it a couple of times a year to do exactly what you said. inspect it, visit it like a guest and see what they see, meet with your local team.

If you’re thinking about building one at your own home, your best next step is to look directly at the updated zoning text on the Columbus city website or contact the zoning department so you can see how your specific parcel is classified and what is now allowed by right versus what would still require additional review.

And the entire pocket of the neighborhood changed because of it.Where It Ended UpToday they rent for $10,170/month (~$1,017 per unit).They cash flow well.I still own them.And since finishing, I built two new houses + two new duplexes (six additional units) in that same micro-neighborhood.What was once a rough block is now fully stabilized and improved.If I had to sell them today?

Additionally, you won't have to rely on another party to stick to a timeline, so the project can be completed as quickly as you can make it happen. 

While a tax professional or your custodian should be able to provide some additional information, here a few key things to help you on your journey:1. 

How do you work your way up to save enough money for a down payment, at least 6 months of morgae payments plus additional money for any fix uppers?

They can however be great for marketing which turns into additional bookings.

Most investors treat recreational/farm parcels as long-term appreciation plays unless they layer additional revenue streams or secure creative financing.Happy to dive deeper if you’re exploring a specific market or strategy — I work with several investors in this space and have seen a range of approaches.