So while it's not as ideal as a multifamily property, it does present a solution for those that are in the personal situation where they can. 

When you buy a primary residence you are typically using a conventional conforming (fannie/freddie) type loan.

If staying in the deal isn’t ideal for you, an equity buyout by your partner or another investor could be the simplest path.

For our second STR, we are currently researching Sherman, potentially / ideally, a less expensive duplex that we could rennovate and self manage from Dallas with workers coming to the area in mind. 

Hi Nirek - I deal with a lot of clients in your similar situation.

It looks like R-25 Batts would be ideal being 8" thick to fill the space however R-25 is not readily available from what I can tell.

Obviously the ideal way would be to split the lots and rent the lots to mobile home owners but that seems like a very small market.

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

However, full site visits, though more expensive, maximize tax savings by capturing every depreciable asset and offer better audit protection.While online studies may be suitable for simpler properties, full site visits are ideal for complex or high-value properties.

I have 100k cash savings and ideally would like to keep the investment properties.