I am a biased towards communication with tenants because i am a little bit new into this, but also would love to hear other perspectives as well.

However from a Canadian perspective they are not good and will be double taxed.

It'd be cool to get their analysis and perspectives, too. 

Yes long term capital gains is better than ordinary income or short term gains from a tax perspective. 

Hi, My name is Te'Juan Bunch, freshly starting real estate to see better days.

Just going to give my perspective of what you could search for since you're interested in SFH.

Lenders usually don't like this if it's not 1.2% this may be why you are at 6.5%.Let me put a tiny bit in perspective $550 HOA + $250 extra a month out of pocket. x 19 years = $144,000 and I haven't even touched interest. 

I just need a fresh perspective on one project to rethink the layout.

One of the books that really changed my financial perspective was Rich Dad Poor Dad by Robert Kiyosaki. 

Hi @Kenneth McKeown, Thank you so much for your reply and its so nice to hear the perspective of an investor in the Dallas area. 100% what peaks my interest most in this deal is that is in such a great location.