If you have a stable income stream, DFW is a great investment.Memphis Invest underestimated my gross rents for property 2 and 3.

If you sold the land and bought something already built with national tenants and long term leases the cash flow stream tends to be more stable throughout a full cycle.  

@Trevor EwenEventually we looking for passive income but at this point we will be as hands on as we need to be to build up to the point where we can afford to invest in more passive streams. 

Friends, family, even people I found from posting ads on CL have enabled me to continue to accumulate more properties...which are income streams.

Our strategy is to buy and hold and have a steady stream of passive income.

Without an income stream your not going to be able to obtain capital or loans.

Disadvantages - more risk only one income stream when you go vacant, cap ex cost more because it’s not shared by two or more income streams, generally lower cash flow than a multi family. 

I do by and holds but do that outside of my 401k and live off of the income streams.

In MY mind a payment stream for 5-30 years to your heirs would be a nice legacy to leave, but we are all different. 

I'm an active healthcare provider, but looking to develop a reliable stream of passive income over the next 10 years.