I would agree.....I would look at Aubrey, Celina, Melissa, Anna, Van Alstyne, Sherman.Maybe Denton, Krum, Sanger, Gainesville, Denison, Wolfe City, Leonard, Blue Ridge and the other cities you mention.Wylie is tough these days I think....when you look at rent vs prices. 

I operate in Blue Ridge and Forsyth/Fulton area which are two of the hottest markets in GA. 

Not sure how many STRs you have thus far, but if you are just starting out, I highly recommend looking into the mountain markets due to year round tourism, it is the safest route into the short term rental world in my opinion and markets like the Smokies and Blue Ridge, GA are established and could end up a much lower risk!

Here in Denver for example, Wheat Ridge and Arvada will allow you operate a STR as an investment property.

I live in Forsyth County and operate my business throughout north metro ATL as well as Blue Ridge market for short term rentals.

As far as area, east ridge is rough but slowly coming around.

Ridge Lending, and others, have offered this flexible product. 

I didn't realize that this was going to turn into a post.To answer your question: 2 of the 11 have already liquidated1 as a short sale in Skokie, IL1 sold to a 3rd party at the sheriff's saleOf the 9 remaining:1 is an RE about to hit the market in Fairview Heights, IL1 is a DIL in Park Ridge, IL1 is waiting for confirmation of sale in Berwyn, IL4 have upcoming sale dates (including 1 in Harvey, IL)2 are pre judgment

The only ones that we can afford are either in Abbotsford, Langley, Maple Ridge, Chilliwack.

We're in the Blue Ridge Mountains so people come here for the hiking, outdoor activities and cities nearby that have great breweries and food.