And also that rates are just going to continue to be an issue, so it's likely something to plan for in rent rates and/or overall investment costs. 

Not promised or planned, actually funded. 

Building confidence, a plan, and understanding your risk tolerance are all keys to success. 

With careful planning and market analysis, Dallas can be an excellent place to grow your portfolio.Good luck!

The game plan would be to keep this structure for 1-2 years with future full sale.

The best option is to respond quickly and professionally in hopes that they move out.I would give the tenant two options: 1. vacate the rental in one week, leaving it in the same condition as when they moved in, and I will refund their deposit within 72 hours; or2.

One of them told me they only have to provide 15 days notice, which doesn’t help if I am on vacation for a few weeks or haven’t checked my PO Box in a few weeks.

Farmers Insurance has a vacation rental division called Foremost. 

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

Present this plan and go from there.