Family or multifamily properties might require a higher budget in the Heights area.As I am seeking both a suitable investment and an appropriate location, I have decided to post my situation here in order to get people's opinions.  

The one with the highest IRR is not necessarily the most suitable, though.

Building is expensive due to scarcity of suitable lots and construction costs, especially as compared to existing 2-4 family homes. 

Would the front parcel be suitable for some other use that creates an income stream?

I'm more than happy to recommend a few including our deals that you can take a look at once we have determined suitability via understanding your goals and achieving accredited investor status.

Single family homes may be more suitable if you're looking for a more hands-off investment, while multi-family properties may offer the potential for higher rental income and more cash flow.It's also worth considering the current market conditions and economic trends when choosing a rental strategy.

Work With Qualified Real Estate ProfessionalsIf you are investing in multifamily properties, you have to assemble a suitable team of industry professionals, such as property managers and brokers, to maximize your investment.

However there are lots of places in the country where down payments on residential properties are <75K {we actually bought three properties last year (9 units) for less than than amount) and 300K would be a suitable downpayment on a 10-16 unit building.  

The market in Bridgeport is low and there are plenty of suitable people looking for a multi unit to rent.  

Do you know any area in DFW or close to it suitable for rental cash flow and possible future appreciation?