If that's the case and you aren't viewing more properties in person than you are making spreadsheets on, you are destined for analysis paralysis.Spreadsheets can only tell you estimations based on numbers given to you online or by a real estate agent whose job is to sell the property.

It seems like you are making money in you job, as it seems like you've saved $200,000 (50% of $400,000.)

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

It's sad to see so many areas in America with decaying homes because people left as jobs left.

I went to Vivian.com to browse the jobs to see if there is demand.

Now my situation may required less, but the company who did my crawl space did an excellent job. 

I was in between jobs for the moment but now moving to Omaha which will allow me to get connected to other investors once I’m there.Makes sense and good luck with everything! 

I didn’t know about the chip plant, I will look in to that.are those places close enough to Dallas to be affected by the city and its real estate or is it mainly because of the job growth in the area? 

Quote from @Marc Winter: After many dozens of flooring replacement jobs, I'd recommend LVP (vinyl) for most installations. 

I am new to BiggerPockets and to BRRRR.We are two high-income earners, with two full-time jobs that put is at a gross income above $600K/year.