I live outside Atlanta and have plans to expand our other business to Tennessee (chattanooga, nashville, knoxville triangle) and Texas (austin/dallas/tyler area).

Dallas is as good as any place in the country I expect. 

It is an off market, value-add, 6-unit multifamily complex with spacious units in a part of Dallas Fort-Worth that is seeing burgeoning growth, going for $575,000.00. 

I’m new to the rental side of the RE business & searching for a multi-family, single story 4-plex primary residence in the Texas-San Antonio, Houston, Dallas markets.

Looking for potential "boots on the ground" in the Dallas market and surrounding areas.

This is an example of a non-appreciating "asset". https://www.zillow.com/homedetails/785-Dallas-St-Memphis-TN-...Sold in '01 for ~$10kSold in '02 for ~$55k (That's awesome appreciation or an unsuspecting buyer geting ripped)Sold in '04 for ~$61k (I would suspect foreclosure sale here as it quickly sold again for substantially less)Sold in '04 for ~$21k (This is probably it's actual value and someone in '02 got ripped off)Sold in '23 for ~$26k for an appreciation of ~24% over ~twenty years that's roughly 1.2%/yearThis is a random house on Zillow: https://www.zillow.com/homedetails/766-Neptune-St-Memphis-TN...Sold for ~$98k last May and sold again last week for ~$40k.

For example, I have a connection in Dallas, TX who purchased multiple STRs in Miramar Beach, FL and claims to only be breaking even, which I found extremely difficult to believe because I also have a connection who owns a one bed, one bath condo in Destin, FL who made $78K in rental income, including the lodging tax and cleaning fees, and was still able to net approximately $35K in 2023.

If you can recommend a RE CPA+TaxPro in the Dallas-Fort Worth area, I'm all ears!

STRs in SFHs in Dallas are banned.

$900 in Dallas, took me one text message and one e-check.