Although the property value is not on a fast track upward, it is a desirable property due to its seclusiveness and size (3500+ sqft).

Although the property value is not on a fast track upward, it is a desirable property due to its seclusiveness and size (3500+ sqft).

@Francisco Soto this is ABSOLUTELY possible...and you don't have to go to a credit union to get it....but it's probably not really desirable.  

The home would be literally down the street from my new home so I could keep a closer eye on it and to get a home with better cash flow, I am thinking it would need to be in a much less desirable area of town, which sometimes equals tougher tenets. 

@Lisa Eckman I appreciate your desire to streamline and save money (regardless of who is paying) as I feel the same way.

I can understand the desire to visit Dallas a few times a year and enjoy your own place... that's being rented out during the other times of the year.

First you need to figure out how much time you have, financial resources and desire to do stuff.

So my point is, you have to research every potential area you want to invest in as the supply/demand as well as desirability is super hyper local. 

Although I love that interest rate, I would NOT have enough for the desired multi-family property I want, as Chicago is a bit expensive.

I don't want my desire to turn stale within the next few months and my interest wane.Thanks for all the help!