:)I am from scorching AZ and thought I would introduce myself.Below is my profile "about me".In 2018, the light bulb went off for me.Many of you know this feeling.I have committed my life to personal development and attaining financial freedom, using real estate as that vehicle.Currently, I am a physical therapy student.I am working on the skills of attaining money, keeping money, and using money.My 5 year plan is to save what I can as a broke student, eventually completing my savings as a graduate and new physical therapist.Over my next 5 years of saving, my goal is to read over 150 books and learn everything I can about real estate and business topics.I believe this knowledge and quest to build relationships with local investors will allow me to hit the ground running once my savings and career goals catch up.I lover BiggerPockets, and I am excited to be active in the community.I am a newbie, but I will not be a newbie that posts one time and disappears forever.Say Hi!

Thanks Jim, actively reading these type of books now, also checking on property mgmt companies as well.

In the most simple situation, at the end, all the activities are netted to determine your net loss or income so it’s not that important how you allocate. 

Currently I am an active real estate investor and developer (single family and large scale senior housing) but I am looking to get involved in mobile home parks. 

Search “crash” or “bubble” and you will find oodles of threads.But to answer your question my thought is to not wait to get active, but invest using a strategy that will work in any market.

Hi Charles,The main brokerage firms that are highly active in DFW are ARA, Marcus and Millichap/IPA and CBRE - if you are looking for 80+ units. 

This has led me to look at properties in the following high school districts:>Mustang>Moore>Westmoore>Southmoore>Edmund and Choctaw fit his bill as well, but the values in Edmund seem too high and there does not seem to be a lot of market activity in Choctaw (please correct me if I am wrong).The strategy behind these numbers is to buy in cash and then perform a cash out refinance a little down the line.

They told me a lot about what was going on in the unit and of the relationship the tenants were having (alleged illegal activity which I was also told about by neighbors). 

If you know your town/city and actively analyze the competition, then you are in a far better position to know what the market rate is, in my opinion.

I honestly should be more active than I am.