I’m looking to start in DFW since I live in Arlington but eventually I’ll be open to other markets to diversify my portfolio.  

UNTIL YOU SELL THE PROPERTY... then the cap goes away and you are taxed on the fair market value of the house which is usually the new sales price less maybe 15%.  

If this is not something you're interested in delving into and learning to a high degree, then investing in publicly traded REITs would be another good option for you, which have historically returned about 13.5 per cent Per year over the past 50 years (1977-present), beating the US stock market by two per cent and even beating private real estate investing by 4 per cent (that's compared with the average real estate investor, not the experts here at Bigger Pockets).

Great idea(s) depending on your market. 

Personally, my primary residence has appreciated around 6% in market value and I live in Levittown. 

thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.

Multifamily is not as volatile as single family because when the real estate markets experience any type of correction, people flee to multifamily residences.

I have tried both, I think it depends on the market you are targeting and the type of leads.

Finding great off-market deals can feel like a needle-in-a-haystack challenge.

I'm extremely new when it come to real estate. I'm a second year accounting student in Ottawa ON and I have been looking into sales on assignment as a way to real way to get into the felid of real estate. I don't have...