It's ~2hrs away, so I'm not sure whether hiring a mgmt company is the correct choice in that scenario or not.Cashflow would be nice, obviously, but that's not my main goal.

If that is the case, the choices might be to cash out and pay a lot of tax then buy a bond or something for 5%.

The bonds suggest that they will go bankrupt, and the politics are not friendly to landlords or businesses in general.If I moved to Chicago, I would invest in NW Indiana, I think Dallas has a much broader choices to invest over the long term, even if I think that the Dallas market is showing some signs of slowing.

If I had my choice it would be to hear more about Partnership formation and legal ways to raise money. 

Often the only choice is hard money.

There are other people in the area who also just can not afford to buy for various reasons and have the choice of living in a mobile home or renting a reasonable SFR in the area. 

If I had a choice, I'd rather do some of the work myself so I can do it how I like.

You need to exercise good judgement and not be afraid in making your choices. 

They usually are multiple choice.

. :-). just thought it was funny they didn’t have a third choice, just back to Vegas.