While I am not opposed to out-of-state rentals, I've come across some hair-raising horror stories on BP that make me even more weary of the prospect than I was before.

. :) Wear your hair in a style that makes you looks like an investment banker who's in his late 40s...not in a style that's currently "on point" for a guy your age.

You would be literally trying to split hairs by deciding on one SFH versus another in both markets. 

Lesson #3: Cover your hair.

My only other thoughts are doing a horrible job painting over flaking paint, putting plywood up painting over that and getting the bank out of our hair that way..

Many people are saying that the Boulder Market has been heavily affected by the recent influx of transplants.

I could get a HELOC giving me access to 80% (say $64k) The hair brained idea is to find the people that operate in that area in either wholesale or flipping, and try to partner with them once they find a property that makes sense numbers wise for him and is a good home for me.

This would be like me saying I'd like to do other people hair for a fee, but I don't want to get a cosmetology license.  

Eric - I am a recent NYC > DFW transplant as well.Please reach out - I’d love to connect, meet and share my experience here in this market!!

Yes, they still exist but they are rare now and you are adding layers of hair on the deal with questions about contractors.