Look at small multifamily homes with high rent potential and get a regular loan to skip PMI.

I might be able to get a regular loan instead.

This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying  up his property with a “buyer” who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) “listing” with a wholesaler disguised as a Realtor who doesn’t put the home on MLS. 

@Denise Evans  Modern smoke detectors start going off regularly if they aren't replaced after 10 years so why do 1 year batteries, I do the 10 year batteries. 

Here are a few tips for managing a rental in the DFW area:Screen Tenants Thoroughly: Conduct background and credit checks to ensure reliable tenants.Understand Local Laws: Familiarize yourself with Texas landlord-tenant laws to avoid legal issues.Maintain Good Communication: Establish clear communication channels with your tenants.Keep Up with Maintenance: Regular maintenance can prevent larger, more costly issues.Consider Eviction Procedures: Be prepared for potential evictions.

Sounds like Hunter will be able to give you great advice, but if you want to hear from a regular investor who's not an agent or PM or lender, I'm happy to chime in.

Not sure how Las Vegas operates but when I get a code violation of any sort I get certified mail delivered to my personal house and multiple other regular mail attempts. 

And then move in to new home with 1 regular $240k loan. 

And/or G&A that's not already included in your regular expenses?

A mental exercise that I always like to ask is what is most important to you as you get started?