I'm in Richardson and have a couple clients in North Dallas/Collin County area looking for STRs.

@Cody Collins I would turn your current property into a rental, use some of the 100k for down payment and rehab on the next property, get some roommates for rent on the other rooms!

@Sam Collins, the post is slightly confusing. 

Currently live in Fort Collins, was thinking about Colorado Springs for a market.

I tend to operate between colorado springs and fort collins.

The remaining four would only make 1x the rent and would probably struggle just paying the utility bill.Do a Google search for "Fort Collins You Plus Two" and read about their policy.

For those of your under 40, they were the made-for-tv Lifetime movie, but instead of a husband cheating his wife Joan, with her twin sister, Jackie. and Joan raising their baby as her own kind of stuff, it was related to teenagers and giving feels and addressing our “issues”.I remember one where it talked about anorexia.

I get distressed properties in Dallas, Collin, Kaufman, Ellis counties.

I live in Fort Collins, Colorado and Colorado has board approved contracts which do not require a lawyer when written up by an agent.

If you want to learn more about a "You Plus Two" policy and develop your own, look at Fort Collins, Colorado: https://www.fcgov.com/neighbor...