I would definitely start off renting most units as LTR and slowly renovate and furnish units to do MTR, having a mix of both. 

The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing. 

Have you been investing for a while, or are you just getting started?

This had me thinking if I'm wrong and would like to start a discussion on the subject to see what ever one else does.

If enough people reach out, eventually it would be great to start a meetup group for STR investors in the area.

Negotiate alternatives thereafter, but start the clock. 

So I am starting the loan process over again, for the third time.  

I first started in investing though house hacking.

Great start to your investing journey! 

Or start a business which would require a lot more time than owning RE.If it were me and Dallas is appreciating, I'd probably hold onto it since you've had it since 2011.