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Dallas, TX Multi-family investing
Does anyone have experience with multi-family near Dallas Texas? I have had my eye on areas of Arizona for my first investment but I am keeping an open mind to other states and cities. What previously caught my attention was the city of Dallas. I have just started looking at the market and I am trying to get a general idea of how much properties cost and rental prices in the market.
I wanted to ask the experiences you guys have had that have invested into major cities in Texas for multi-family. Nothing super specific, just questions like "is there high turnover or vacancy? is the local market appreciating quickly? is there a large gap from living expenses to minimum wages? is weather something you worry about? etc." Any input or small tips would be appreciated! Thanks!