@Karolina Powell Just some high level thoughtsDeal #1:This is probably something I would only be interested in if there's equity to be had right off the bat or soonish.

We own 3 other rental properties that have a 6.5%-7.5% APR, and no credit card debt or any other high interest debt to pay off.

That said, I highly recommend speaking with a local professional in the DFW area to get insights tailored to your specific goals.

Highly recommend starting close to you so you can get eyes on the property if you do decide to purchase a true rental. 

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.

Keep in mind, it would be in your best interest to go for as high as 4 units on each purchase to maximize your door count. 

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Quote from @Pradeep Shrestha: I would highly caution against investing in any of Rod Khleif's deals.

I have 3 per property and find that to be the best way for me to take advantage of their high APY and also keep things super organized.

With 7 properties I would highly suggest getting a PM software to help you.