Everybody is different, but the climate is tougher now as carriers begin to cull customers to eliminate unprofitable ones.  

I would probably start with something different for your first property.  

You can take any proceeds tax free and roll into a different investment. 

Now, of course, every market is different.

Yeah I just need to get some different viewpoints on underwriting and then actually do it myself a couple times a week. 

The signing parties are "stopped" from saying anything different after they sign the letter.Each Tenant Estoppel Letter states the attached copy of the tenant lease is accurate and was signed by the tenant, there are no other written or verbal agreements, the tenant has paid rent through a certain date, and there is no prepaid rent other than the current month.

Consider using DSCR loans- Cash flow of the property is considered in lieu of your income3.Consider purchasing in a different asset class (Large multifamily) where borrowing will be a function o fthe property income, not yours

Something different would. 

I’m exploring different neighborhoods and wanted to reach out to the group for some advice.Where do you think the best areas are to invest in Dallas with this budget?

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.