Even if you do find that deal, getting it to cash flow after repairs and cash out refinance is extremely difficult for Single family homes.

Shortly after I was able to refinance the property to a 30 year @ 4.25.

With that strategy, I'm not a real estate agent BUT I am also reading a book called "BUY, REHAB,RENT, REFINANCE, REPEAT.

Managing maintenance requests and working with property managers can be tricky, but it’s great that you’re taking steps to refine the process and educate yourself.

I'd start the refinance process right away, or just pay it off, or sell. 

And equally for the buyer, if you want to renovate and refinance or cash out, wouldn't you have to pay off the entire mortgage at that point and the bank would know it was always the buyer paying off and not the seller?

If you’re planning to hold this property, a HELOC or cash-out refinance might be the way to go, keeping your savings intact.

If I find a deal on an area I would consider living when I move back I would like to be able to pull the trigger and possibly refinance into an owner-occupier loan once I move back to the US.  

Would you be able to do a cash out refinance and still cash flow?

What would you say to the first time investor looking to buy, rehab, rent, and refinance in Dallas?