New to Dallas, TX with questions on my first investment!

[Taylor Martel]

Hi all:

I am new to the Dallas/Fort Worth TX area and am interested in purchasing my first property. I'm coming from Boston where MF are the better investments, and I am looking for assistance in a few areas where I lack information. 

I'm most interested in cash flowing properties, am not afraid to put some sweat equity into the investment (cosmetic - not foundational). I would ultimately like the investment to be in an A/B community as I may purchase as a house hack (if MF). I don't want to spend more than 400k and would like your feedback on the following questions:

-Are MF or SF investments best in this area?

-What area's would be best to purchase in according to my above criteria?

-Are there any up and coming areas that I should note? (Currently living in The Colony)

-Do you find student housing to be good investments in the Dallas/Richardson area?

Thanks in advance for your feedback!

Taylor