Hi Dallin, you are right.

Hi Ben, you came to the right place for information! 

Some commuters to Dallas, because rent is cheaper in Sherman than Dallas.As far as DFW metroplex goes, probably one of my favorite cities for investment right now.My thought is look at newer homes vs the 100 year old ones. 

STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???

I personally would revisit your strategy of buying a negative cash flow property in SoCal, right now.

My twin sis is actually getting some proceeds from a home sale due to her recent divorce and is looking to invest in Reno, and I am considering investing in a property with her if we find the right multi-family in the right neighborhood for the right price. 

Is this a person who is, from here, going to turn their life around from the desperate situation that they find themselves in right now, such that they are willing to take a Subject-To deal? 

I searched through google and I guess I just want to ensure that I am on the right track. 

You came to the right place for information! 

Well, last night he must've gone over (without telling me) grabbed his tools and left.