The picture makes me think of a "mini" hotel or some type of destination/STR property. 

One thing to be mindful of is the cash flow of the property as you get into higher LTVs.

I'm a 26 year old from Long Island hoping to acquire my first rental property by the end of the year.

I recently moved to the DFW area and want to get involved in real estate in the near future (looking to buy a property in the next 6 months to a year).

The best properties are those that have room to grow and only require minor maintenance.

My thinking is I would have to wait until I dispose of the property.  

@Derick JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

They had about 90k into the property.

Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 Purchased off-market from a tired landlord, this fix-and-flip involved renovating a distressed property with outdated features and deferred maintenance.

@Heath D Wallace operates as a property manager?