Yes, it's surrounded by commercial, our appreciation & resale value will take a calculated hit...but, that's ok, the goal was cash flow!

I've looked at the AirDNA data and Rentometer but there isn't much data in my area for that size of a home, new construction that people are renting in the luxury space as it's nearly a $2M spec.

@Kaleb DeCook I’m in a town of about 2400 and have people banging down my door to rent any unit I have available.

@James Carlson I doubt most people are following those occupancy limits and they are probably only enforced when people are causing trouble. 

If you want to manage property for other people you need your real estate license.2.

I was searching through some of the data and noticed that there are people from New York and more expensive cities moving there (which I would assume will drive up market prices). 

Also, set rules for tenants to follow is a must.Needs and Wants:I think you hit the nail on the head.

Age and families do mellow people.

Your interest in multifamily rental properties in Dallas-Fort Worth is exciting, and I'm sure you'll find many people here who share your passion.Welcome aboard and best of luck investing! 

DOJ...FTC....all of them are not serious people.