That's why I suggested putting $10K down, which is like going on a 2 week vacation.

All North DFW has the highest appreciation while South DFW will be giving you the better cash flow.If this is your first rodeo, then I would suggest to be close home if you are also planning to self-manage.Then the age of the properties and access to highways.

I would highly suggest starting with a rougher but livable/rentable multi so that you can learn and make money without all the downsides.

Without a job, no money to invest.These are great suggestions Caleb, much appreciated! 

If cash flow is your goal, you might look into areas like Jonesboro, Forest Park, Lithonia, or Stone Mountain, where RTP ratios tend to be higher these are just a few areas I'd suggest.

Conventional loans are available all day long for rental properties, so long as the property is residential (1-4 unit) and not commercial (5+ units, retail, industrial, etc).

So our PITI on the home is $4,020/mo.Keep as rental- Market comps suggest a wide rental range - $3,800-$5,000+.

My background really comes more from construction and development in residential and retail construction.

Outside of that, my suggestion is to do something really hard and/or interesting.

Has anyone ever heard of this or do you have any suggestions for a new MLO with no experience?