I would anticipate an area like this to be popular in the next decade for job growth due to so many companies locating and relocating jobs to Texas from corporate offices to warehouses, logistics, and distribution. 

I will use the initials for those in the know, C.ASuch markets should have monthly rents near or above 2% of the purchase price with expected rent growth as the attraction grows in popularity.  

Lexington has some good fundamentals, but since you’re open to out-of-state investing, I’d also recommend you take a serious look at the Memphis, TN market.Here’s why Memphis is popular with remote investors:Affordable buy-in: Plenty of solid rental properties in the $100K–$150K range.Strong rental demand: Large renter population with consistent long-term demand.Landlord-friendly laws: Easier to operate compared to many other states.Diverse economy: Logistics, healthcare, and manufacturing keep jobs stable.The key is having a reliable property management team to handle the day-to-day, which is what makes Memphis attractive to out-of-state investors who want to scale.If Memphis ever makes it onto your shortlist, I’d be glad to share more about neighborhoods that are investor-friendly and how out-of-state investors successfully build portfolios here.

The space can be used for office, medical office, or even retail however it's on the 2nd floor of the building so it's most popular for office.

I live on a very popular named lake here in MN, but it get's so packed with water traffic that it feels really small.

A popular guru phrase: "Time in the market is better than trying to time the market."

It’s a clean transfer of the mortgage, not to be confused with subject-to or other popular creative financing strategies out there. • Servicers can be a headache to deal with, but there are companies that already have relationships with them and can facilitate the entire process for a small fee.

A popular belief is that with multifamily, even if one unit is vacant, you still have income from the remaining units.

These areas also tend to be landlord-friendly and have been popular with BRRRR investors.For team building:Property managers: Make sure they have a proven track record with long-term rentals and responsive communication - this is key when investing remotely.Contractors: Establish a reliable, local network for maintenance and small rehab projects.Common mistakes for new out-of-state investors:Underestimating property management costs or vacancy risksRelying too heavily on online photos without a local inspectionOver-leveraging before understanding cash flowAlways happy to chat more about what's worked for other investors and specific markets.

It’s a smart way to ease your out-of-pocket burden and get your foot in the door.One popular strategy—especially if you're single—is the "rent by the room" approach.