It's not worth my time to deal with the hassle of conventional loan anymore, so I don't even consider it as an option.

I think the offering would have died in the lobby floor if attempted as equity.

I’ve focused mainly on Florida but have also looked at options in Sacramento and other slightly more remote locations in CA.While I’m familiar with value-add strategies (ADUs, renovations or storage rentals), these seem like heavy lifts for modest gains.

Good bad idea before I depart - have you considered an owner occupied option?

Don't have an attorney call me for some options.

You do have options.

Their other option is to move out and pay $1,200 somewhere else.Don't just think about cashflow. 

Your opportunity is also what's difficult, having virtually unlimited options :)  

At $1500/month might as well rent long term for maybe $1300 and just save all the expenses and be ahead.I'm happy to answer any questions about Dallas condos or other options if you have any. 

I am going to look into all of the above options.