House HackFinish the basement as a separate unit (if zoning allows) to rent out while you live there.

My advice probably isn't the one that will maximize your return, and it may not even be what I will follow as we continue to grow our portfolio, but here it is.My wife and I manage 5 units (4 we own, and 1 we arbitrage), and we allow anyone to give us 30 days notice to vacate at which point they can be let out without penalty.

I'm looking at Wynd vs Minut for noise and smoke awareness in my new unit.

I'm curious, were you already operating these units as MTR before Dallas enacted the STR restrictions or did you pivot STRs to MTRs because of it?

You have so few units at that point that either things are going ok, or badly.

I have about 65+ units in Florida so in a similar boat to you. 

Single family, multi units, fixers, etc. 

How quickly things rent in certain zip codes vs. others (you can look up days on market for rental units on the local MLS).

I don't personally think I would rent to him though because I wouldn't want to be known as the LL who rents to sex offenders.Has the unit been vacant a while or do you have enough interest in it to maybe hold off for a good tenant who is not a sex offender?

Investment Info:Large multi-family (5+ units) buy & hold investment.