Quote from @Tim Ryan: You are an experienced investor that found a few off-market home runs, probably back when the market wasn't as hot and there weren't as many new investors cashing out equity to invest in mid-west states.

Hello everyone, With deciding to start in real estate, my main goal is to create enough equity in the properties I obtain to build a house and buy land  (10-12) years down the line.Though the market always changes, I figured with investing into highly appreciating markets now, the properties I buy will accumulate the equity needed to be able to sell in the future which in turn will lead to the income needed to build and buy land. 

Once you have that, you can look at what similar properties in your market are doing for design.

In any market, you need to analyze median income, and crime, and that will help predict where you will have more challenges collecting rent.Every city has their challenges with vacancy.

I have some initial capital and am ready to get started.

We had initially presented them with a 6 month lease, and after hearing they would like to move we offered a 3 month lease which again they refused to sign.

@Marc Shin Beware of the ever increasing property taxes in the North Texas markets.

We backed out of that deal because there was a freeze that hit Texas market, and that freeze caused a bunch of plumbing issues.

Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?

One thought is if what you are doing already is working why are you looking to move markets?