There is also an acre lot and garage and the price point is well below any equivalent newer trailers or stick built homes of similar size in the area (probably 50% of their value).Many investors make good cash flow turning mobiled into rentals.  

After 5 properties, I'm about to jump into direct to seller marketing and trying to pick up deal flow that way.

A HH/STR can be powerful in the right market.

Assuming I could get ROI of 10% over 20 years investing in the market, what would you do?

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Hi all,Just starting out and I’m interested in market trends for the Dallas area.  

Even with the recent stock market chaos, there's some bright news for mortgage companies.

A saturated and expensive market. 

However, since Ive never done this before I decided that the amount of capital needed in my desired markets was too great to risk testing my strategies here.

The rehab on your primary will help with the cash out refi, there will be a new appraisal which should reflect the higher market value.