Denton County offers opportunities in suburban and college town markets, while Grayson County provides affordable entry points with cash-flow potential.

I'm contacted by another landlord in the same town who needs help with a problematic tenant.

It has had higher appreciation than nearby towns since the pandemic and you should be cash flow neutral or slightly positive day one as a long-term rental with a 20% downpayment.Note that zillow and other websites greatly understate your property taxes. 

Surely there's at least one other applicant in your town who meets your criteria and doesn't have any evictions.

There are no property mangers or other people available locally, nearest town of any size is 1 hr away.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

Of course just make sure to check with the town zoning laws on ADU's etc. 

@Austin Green Franklin is a lovely little town in a fantastic area. 

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.

Is it a small town with one factory supporting the town?