I've seen some posts both here on BP, in local FB groups, and heard comments in person corroborate this.

To move forward, save aggressively, network with local real estate investment groups, educate yourself on real estate investing, get pre-approved for a mortgage, and continue researching Dallas and Tyler markets.

I briefly needed to store a camper and found a local storage.

Don't forget to research local regulations surrounding MTRs and STRs, factor in management fees if you plan on outsourcing, and assess your risk tolerance between a larger, single multi-family property or multiple, potentially distant, MTR/STRs.

If you are in Iceland/Spain, though, I can get behind investing in any market that you have trusted friends/family locally.

agreed you cant have 15k deals and ONE default that is simply not possible. people die  people get up set they lose jobs all sorts of events that cause payments to be missed and foreclosures to commence

However, if you're using a fintech app that isn't a bank itself, your deposits may not be covered by such insurance schemes, leaving you vulnerable in the event of insolvency or other financial crises.3.

"May be" doesn't necessarily mean "Will be" so check with your local attorney. 

Get to your local RE meet up.

You're going to want to find a local attorney to put together or provide the paperwork to make it legally binding if they do.