Mid term in DFW Texas & Tampa Forida

[Alon A.]

Hey guys 

I want to build my portfolio , get as much property possible that I’ll sell them in 7-10 years or keep them, depends on the future & the equity.

I don’t want only equity, I want to build a really big rental empire with high cash flow, since I really like to do it.

I have 2 single in DFW and 1 single in Tampa Florida
each of them cash flow between 300-500 per month .

I have teams of contractors, lawyers, realtors, handyman, agents.... in both of this markets , my price point is between 200-350K purchase price for homes with 3bed /2bath and around 1500-3000sqft.

Question 1:
you think this both areas are good for mid term travel nurses, insurance.... ?  How many miles away from hospitals are you looking for ?
i didn’t do mid term rentals ever but I want to increase my cash flow . so I will appreciate any tips 

what I usually do is: I buy houses with Hard money loan and renovate it then I rent it
in this case I’ll need to furnish it as well and then start with mid term

I found out that I can do Subject to and seller finance and get already a remodeled property with 10% down payment , in that case I save the remodel work , but I’ll not have alot of equity and monthly expanses for rent will be super high

Question 2:
Regarding to purchase method, what you will recommended ? you buy already remodeled property ? or you buy distress , renovate them and get also equity along the way