Sherman or perhaps between McKinney and Sherman.SaginawBurlesonCertain other locations if you can find the right rent/price.

But I'm interested in finding out.

If you don't have enough money for 3.5% down, find a cheaper place to live and work hard to save up money.

At least, if you don't want issues down the road tax wise and if the government finds out it could cause some serious legal issues.

You can shop 10 or 20 lenders in a weeks time, find out what products they offer, what rates, what overlays and qualifications they each have for you.... 

If you get too cute on zeroing in on a certain "demographic" (whatever that is), you will find the property sitting empty a lot of the time.  

It's easy to find someone who had one bad experience with any lender, but I can easily say 99% of my experience with Easy Street has been very positive. 

Quote from @Kevin Sobilo: Quote from @Owen Rosen: Quote from @Kevin Sobilo: @Harsh Shah, find a good public insurance adjuster to hire!

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this  for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.