You are also having to keep up with various property managers all over creation and landlord friendly versus tenant friendly states.

However, it's hard to find in those better areas, and the MLS is almost worthless for the purpose.What is important to understand about DFW is that it is outpacing all major markets in job creation.  

If you are looking at macro scale pros/cons consider the stock of housing vs new job creation in each area.

As you age and net worth grows the pendulum tends to swing from more of the portfolio to wealth preservation and outpacing inflation than wealth creation.

2 different components to the entity creation.

Fairfax county is going through the process of getting their zmod rules done which will allow an easier process to the creation of a dwelling unit like a basement. as far as Arlington is concerned, I don't think you're going to find that kind of place in your price range unless you get really creative with a property no one else wants. 

Yes I am looking for markets with strong urban renewal, high job creation and a young educated workforce.

This is what covers you against any liens on the property.Be sure you understand the contract, especially if its one of their own creation.

More importantly, I am looking for like-minded individuals to meet up with and share knowledge, experiences, successes and failures with to increase my chances of strong wealth creation in this business.

The creation of wealth is an attitude not just a niche.