Im considering buying a 4plex in McAllen or Edinburg at the 400k - 530K range.

Here are a few:https://www.biggerpockets.com/forums/92/topics/189151-norada-real-estate https://www.biggerpockets.com/forums/311/topics/322300-norada-real-estate https://www.biggerpockets.com/forums/311/topics/433367-first-time-buying-turn-key-property-out-of-state-norada https://www.biggerpockets.com/forums/92/topics/496083-norada-real-estate-investments Also, feel free to contact our team of Investment Counselors for more specific recommendations.Continued success!

Buying SFH to rent can be challenging.

Investment Info:Single-family residence buy & hold investment.

@Sasha Josephs,Find your buyers first, and find out what they want to buy.

With many people's help I recently made my first buy-and-hold purchase of a duplex in Fort Wayne, as an OOS investor! 

My advice - find a legit mentor that may partner with you as cohost is your first property, willing to share knowledge and you absolutely know for a fact they hv experience in the airbnb space with their own properties; gather info on internet, buy a couple of books - all the information is already out there.

Looking at the city from an investor's perspective, @Becca F. is absolutely right, you need to make sure you're buying in the right neighborhood.

I have credit in the high 700s, I have over 10 units, have done several refinances and buy and holds.  

We have physician clients that work in the suburbs that need to buy something close to their hospital in the case of bad weather or they need to be close to the hospital.