As I like to say, you all can go on the roller coasters while you will find me in the lazy river.

These properties are typically bought by individuals or families who prioritize location, size, and condition, making the comparable sales method more reliable.Income potential still matters, and calculating the NOI can help you ensure the property cash flows well if you plan to rent it out.

Purchase price: $220,000 Cash invested: $220,000 Bought this "shell" of a house.

Purchase price: $220,000 Cash invested: $220,000 Bought this "shell" of a house; seller had passed away unexpectedly during the renovation.

This rise has stabilized sale prices, facilitating negotiations between buyers and sellers.

You'll likely find many in this community willing to share their knowledge, especially with a mutual benefit like that.Start by reaching out to local real estate investment groups or networking events in DFW, as well as connecting with folks here on BiggerPockets who have experience in your target market.

This could be done through a "subject-to" deal, where the buyer takes over payments on your existing mortgage while you provide financing for the remaining balance.

For those selling in these areas, what trends are you seeing in buyer preferences?

But you would be surprised folks either don't believe we do this or they just don't have the drive to go find the deals etc.  

That can mean you will find some areas that are quite shallow and might not be as waterfront as you would like in times of drought.