As mentioned.

I'm excited to be here and can't wait to bounce ideas off some like-minded individuals!

Hi @Gil Canfu definitely there are many places in DFW where you can invest in a good rental property.I am not sure where you are at, but if self managed you should start in cities with good proximity to where you live.All the corridor between Princeton to Saginaw has good deals but there are many others things to consider as I mentioned previously.

Wait until it's close to the end of his lease (know what the law requires) and then give him notice that you will not renew.

My plan would be to keep the front waiting room as a small commercial space and the back offices as efficiency units or studios. 

Most everyone mentioned the weather and appreciation due to the weather making it so desirable to live there. 

AND there aren't many note buyers who will buy notes with large balances in the range you mention. 

He mentioned some of her behaviors, and I asked if her name was XXXXX YYYYYY. 

Now that we are 10 days from closing, I am talking to loan officer to get the Closing Disclosure so that I can know the exact cash to close (I need to move money from brokerage to bank account) and he is mentioning about 2% IPC limit. 

It's a decent tool, but as Greg mentioned, I'd definitely plan for a worst case scenario and make sure it cash flows at the highest interest rate juuuust in case.