They work well in areas with steady rental demand like suburban neighborhoods or cities with strong job markets​​.Considerations: Your property management needs will be lower, but rents may rise more slowly over time compared to short-term options.Short-Term Rentals: High Risk, High RewardAdvantages: Short-term rentals can generate significantly higher nightly rates, especially in vacation destinations.

This could potentially save you lots of $$$.

An existing duplex provides immediate rental income and proven market comparables, reducing risk.

In Collin County, consider properties with strong appreciation potential in areas like Plano or Frisco.

-"barely break even" - that is potentially OK, but see previous point. 

We scan and analyze every new listing in an investor's target markets and send an email alert of high-potential properties based on their custom criteria. 

We have concerns about the ordinance's potential to drive investors away, cause unnecessary evictions, and the complexities of compliance.

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

It has an upstairs balcony door to the outside, and could potentially be converted into two units.

Managing contractors out of state, especially if you don't have construction experience, is risky.Once you build a team you trust in a market, then strat to take higher risks