I recommend familiarizing yourself with your local landlord and tenant laws, while also developing your own "screening criteria."

I think the moral to the story is always do your own research & utilize places like your local real estate investor associations where there’s a wealth of knowledge for free, without the costs associated with a program like this. 

I also always keep my rent increases in line with the local market, so sometimes I'll have tenants threaten to leave sometimes, and once they do their research they realize that it wouldn't make sense at all to find another property and end up paying the same thing.

Pricing in DFW probably means you wont live rent free,and will have to pay your fair share of normal rent, but you also get 3 more people contributing to your loan paydown and you get to keep the appreciation.Buy hey...maybe I'm wrong....go talk to a local bank or credit union near where you live and get a term sheet from them for financing. 

I had constant issues with the local government and the taxes were absurd.

Thanks,DJ @Donald DiBuono if you still need development help after speaking with Samuel I teach people how to become the local developer in their community.

I'm an agent and investor in Phoenix so would love to get on a call and discuss how I decided on becoming an agent and give you any insight into the local market!

This is a great area with plenty of opportunities to grow as an investor.Feel free to reach out if you ever want to chat about deals, strategies, or just connect with other local investors.

He gets how much work managing it locally is and I get the benefit of having my DTI not effected.

My first ad budget was $295.00 credit I got from my local news paper.