For our second STR, we are currently researching Sherman, potentially / ideally, a less expensive duplex that we could rennovate and self manage from Dallas with workers coming to the area in mind. 

Do you mind sharing more information? 

I got my license as an agent and have done a lot to learn as much as possible about the market I'm in and the real estate world in general.I am working with one investor currently, building a plan to start spec building in the new year, with a few other ideas as well.I'm excited to meet like minded people on this forum!

I appreciate it.john Your plan seems well-thought-out, but I’d keep a few things in mind.

I could write a whole book on this topic, but this is what came to mind.3) There are a few factors that I consider when picking the city.

If you are willing to move keep in mind you have a life to live.

I am the real estate professional and I worked with hard money lender This sounds like the exact same strategy a client of mind uses in Kansas City!

Low Risk: TDAs are insulated from market volatility, offering peace of mind.4.

Keep in mind, how did the USA navigate out of that previous cycle of things? 

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one.