If you have a great paying job or business and a healthy chunk of capital to invest there might be much better options out there.I know some investor friends that are worth around 3 million now in their 60's in age and have battle scars from owning these types of properties over decades.

If you take a look at my previous post, I am brand new to real estate investing, although I have had a great career in both the creative and technology industries in NYC.I'm currently looking to purchase a single or multi family unit as a long term rental, and am exploring 4 markets - DFW being one of them.After a healthy amount of research, I am ready to dive more into the area, and would love to first connect with realtors who have a lay of the land (no pun intended), or anyone else who has a few minutes to shed some advice on what you're seeing in the area.Looking forward to connecting.Dylan

There are also a healthy number of 4/5 bedroom homes around Tempe (where ASU is located).

A thriving economy often correlates with a healthy real estate market.

to further these objectives I am planning to start the acquisition process as “cash only” plus some forced appreciation, put into LTR or managed MTR, establish records and build a very healthy reserve account attached to the property, refinance with low DTI to pull some equity for next acquisition. i started building a spreadsheet but thought “I know I am not the only one, why reinvent the wheel without reason?”

We always shoot for a healthy balance of the two. 

Exciting opportunity to bring a space to life while generating a healthy return on investment Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Investors are definitely in danger when having a propensity towards an immutable 5%... in fact that would be a concern for many limited partners we know.It is always healthy to be conservative, especially considering we are seeing rent decline in various markets. 

Once it's at a healthy point focus on flipping.

The money collected will be reinvested in growing and maintaining a healthy community environment therein or for the same purpose yet to expand successful co-living environment model elsewhere.Thank you in advance for your advice, comment(s), etc.