Hello,I am considering selling my owner occupied three family home due to a job change out of state.While it's a decent cash flowing property there are couple of drivers that is making me lean towards selling 1)it is a hot sellers market currently and 2)the hassle of managing property which is in East coast from West coast.

Elm Thicket is pretty hot....cheap neighborhood next to super expensive neighborhoods and good demand drivers from Medical Center area nearby.You're right about some of the other areas....West Dallas West of Trinity Groves is probably ripe...I'd say all the way from downtown to loop 12.Casa View is probably ripe or anywhere along Garland Ave along White Rock Lake.Bishop Arts area has been talked about for years.There seems to be some activity on East side of 35 at about Jefferson/Davis in south Dallas.I would also take a look at the Cedars area south of downtown....lots of big smart money there....Mark Cuban, Jim Lake, Jack Mathews, Mike Hoque.You might also look at train/rail stops in better locations. 

Hello BPersI’m a newbie at this and have been reading books and attending seminars for the entire last year and finally found a multimillionare who invests and owns 1500 door who said he can help me achieve my goals but I have to start working full time for him and will pay me 12$/hour as a start and will increase it once I prove my self.Do you think I should give up my job(truck driver) with $60k a year for this opportunity?!

Properties appreciate in locations that have strong demand, which is the key driver for sustained profitability.In a location where you can make money and you control your property as opposed to the government dictating what you can do.

My next rental is going to be in the Killeen area for the following reasons: Cheaper, good rent to value, economic driver in the base. 

You or a long term resident (with proof of residency in the form of a drivers license) does need to reside on the property 9 months out of the year to get a permit.

For me the bigger driver to the 30 year loan would be to better leverage the money (at this point I care so little about cash flow - None of my properties on their best month of cash flow has achieved their average monthly appreciation over my hold period.  

My main driver to keep going is to minimize my risk by making sure that A.

@Alexis M.Lots of these guys are talking neighborhoods and I'm a little surprised they're missing what most borrowers I know consider the number one driver in DC for owner occupied properties; the commute. 

Basically, the main driver behind wealth creation is multiple flows of income.