@Jahid M.Starting a rental business involves researching local regulations, using platforms like Airbnb and VRBO for short-term rentals, targeting mid-term rentals like traveling nurses or business professionals, and considering Section 8 tenants for stable income.

It will be difficult for you to learn how to manage rentals on your own, particularly in the most litigious corner of the world.I would consider working for a professional property management company if I were you.

For instance, having a network of experienced investors can help you navigate challenges and identify profitable opportunities more quickly.Another consideration is the potential benefits of passive income.

You’ll find plenty of experienced investors in those areas here, so it’s a great place to connect and learn.

Let the professionals do this properly to not have to worry about breaking your title insurance, or at least ask your closing agent if a Quit Claim deed will void your owners title. this could be different in each state. #5.

Honestly, if you are out of state you should probably be hiring property management regardless of troublesome tenants in the present.i don't know how experienced you are as an investor or if this market you're buying in is one due for exceptional appreciation but realistically $160/mon cashflow is not a move i would suggest in the short term considering you're a world away and any number of things could go wrong that would wipe out a years worth of cashflow overnight. 

LTR or Mid-Term RentalIf STR doesn’t work out, consider mid-term rentals targeting professionals, which could offer higher rents and more stability than long-term leases.3.

My name is Daniel , Im Hungarian  professional soccer player right now I play in Greece , I listen a lot of Bigger Pockets and Im really intrigued to have my first deal in a Dallas - Fort Worth area.

As mentioned, the bigger Sponsors are very professional and report very well. 

Readers should seek professional advice.