Best rental market in Dallas TX? how to approach the purchase?

[Jorge Flores]

Hello! First post, excited to be apart of this community. Started watching some house hacking videos a week ago and would love any insight that would help me start my real estate journey. 
Quick little background check, 20 year old college dropout kid with big dreams living with his parents. Sounds familiar? It seems to me, as its not that uncommon of a story. My goal is to purchase a single family home here in Dallas, preferably close to Grand Prairie since I work there (9-5 job). Is Grand Prairie a good rental market? I plan to sleep in my car (parked on the driveway), and use the restroom/kitchen whenever needed so that I may rent out the whole house. Would this be considered living in the house? and if so should I opt in for long term or STR (Airbnb)? Last question, I have around 10k saved up and would like to know the best way to finance this?

Overview of questions:

1) Is Grand Prairie a good rental market? if not, where should i look for near Dallas

2) STR or long term?

3) Best way to approach a house hacking deal with 10K? or could I leverage it better as a regular investment (no house hacking)

[Joe Funari]

@Jorge Flores I have helped many clients purchase long term rentals in Grand Prairie. Its a great city I recommend for rentals. Average days on market for a lease property there is 14 to 17 days. So they move quickly as soon as they are on the market. But your first step should be to get a pre-approval letter from a lender. I would strongly recommend you get a conventional loan with a 3% down payment versus FHA. Conventional loans are more desirable. I would recommend you reach out to @Andrew Postell. He is my preferred lender and has helped many of my clients with both primary and rental loans. I will also be glad to help you with your search and recommend several areas (not just GP) that will make for great rental properties.