As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

Term 12 years so that payment is just about the same as local renting market pricing.

Try to get preapproved from a local loan broker or Co-op. 

I can check in with my local bank, but I don't want to waste their time when I'm not yet serious about doing a loan with them.   

Do you attend any local meetups in your area?

If they’re underfunded, you could get hit with special assessments.Since you want to stay local and focus on cash flow, commercial makes sense, but have you considered industrial or flex space?

Local credit union.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Find your local REIA and start attending and find the Realtors there to build friendships with. 

I am new to real estate investing and looking to connect with any local investor.