Downstairs 2br 1bath unit we are living in.

It has made me question how can people live the way they do.

I’m looking to start in DFW since I live in Arlington but eventually I’ll be open to other markets to diversify my portfolio.  

The property has to be considered 'in service' for you to list it on your tax return.In service entails a couple of items such as1) The property is in livable condition - Working bathroom, kitchen and an area to live.2) The property was advertised for rent.Best of luck

I live on the east coast.

if you buy it yourself and turn it into a live in flip and absolutely crush it, great! 

We literally walked the property on live video with you and showed you everything you asked to see.

P.S; We live in Wilmington NC so both markets would be "long distance" P.S.P.S there are no reasonably priced multi family properties local to us.

Hey DenisI have commented a lot about arbitrage in a general sense here, however I believe I am uniquely qualified to answer here as I live and operate about 65 units in this specific market.In 2016 I got my STR start arbitraging a Gulf Front mansion that was in foreclosure and I got a great deal on. 

I truly appreciate you sharing these takeaways—it’s clear you’ve not only thought this through but lived it.I took some time to explore your Linktree, Instagram, and the Elevate CIG website—truly impressive work!