Dallas area apartments

[Larry Cabading]

Can anybody help me identify good areas or zip codes near the Dallas suburbs to purchase small apartments. We're looking to buy 20 to 50 units that need minor renovations to create some passive income.

Thank you,   

[Will Barnard]

FYI, be careful of taking advice such as this as the person giving it may have self interests in the advice they offer. That said, you may be too late to the party, I know I was. The DFW area for multi units are at record low cap rates and record high occupancy levels. In other words, you are trying to buy in an area that is at the top of its market and sellers know it which makes it extremely difficult to obtain true cash flow and have low downside risk.