Tampa, Riverview, and Wesley Chapel are booming for BRRRR and long-term rentals due to job growth and population demand, while St.

Hey @Eric Andersen, so there are a lot of regs in the DFW area.https://www.fortworthtexas.gov/short-term-rentalsRentals are not allowed in residential districts: A-#, AR, B, R1, R2, CR, C, D, UR.Dallas recently banned STRs in single family homes but there was an injunction that blocked it.

I am a long term hold investor so that would likely be my play.Good luck Sean!

Some other factors to consider - How long are you planning to hold this property?

I'm looking to finance the project long term in a way that is helps me create positive cashflow.

Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different. 

Must have tools: you need some type of evaluation metric and/or tool that you are comfortable with and are willing to walk about from a deal if it doesn't meet your requirements.also, a deal is a term for a transaction, not to be confused with a "good deal".

As long as it's livable, you'll find a buyer.

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.

Owner-occupied commercial properties generally get better interest rates and terms when compared to pure investment properties.