Hello DFW multifamily operators/investors,We are observing an increase in delinquency rates in DFW area, sometimes above 5%, for workforce housing even with strict qualifying criteria.   

Union city tends to be a little more strict, especially with rent by room/ large groups living in property. 

I routinely see wholesale deals priced over what you can negotiate on mls.

There's city that doesn't care too much about rental and there're some cities that are very strict on rental and could end up costing you money 14.

For example there are strict guidelines in Los Angeles for STRs.2.

But also note there is a wrinkle in that if investing in Las Vegas, the state of Nevada is the rare state with pretty strict regulations and licensing requirements for DSCR, so a lot of national platforms don't lend DSCR in Nevada. 

If you are being too strict, then you may need to lower your price to find someone that meets your requirements. 

For those who have flipped houses in multiple cities across Texas or Florida, which ones stand out as being on either end of the spectrum in terms of how difficult and time-consuming the permitting process is? Are the...

Fortunately, my career allows me to spend $2600 per month on rent in the event I can't find any tenants, but it would be seriously stretching my wallet without being able to save (This isn't including HOA, insurance, or any other fees- strictly mortgage payments).

Long Beach has strict rental restrictions for STRs so you would want to make sure you are looking for a homes within the right zoning.