Hi, I'm new to Dallas. Have been eyeing on rental investment in Dallas. Looking into Zillow, properties in Arlington seem to have good appreciation. Is it good idea to invest in Arlington? What other areas in Dallas can I consider (checked Carrollton, Plano, Coppell, Addison).
Thank you.

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Id recommend Frisco, McKinney, or Southlake/Grapevine/Colleyville/Keller area

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Arlington’s not where I would want to raise a family, but lots of low-income rental prospects. Do you have a target rental price? Mortgage? Paying cash? Are you managing yourself or hiring PM company?

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Since I'm new to rental investment. I was thinking of a 2Bed 2Bath under 150K. With 20% DP. Mortgage as Rental property. And planning to use Property Mgmt.
Zillow estimates a rent of 1200-1400 for such properties.

Keep in mind DFW has high property taxes. Some RE investors I follow say it's tough to get good cash flows in DFW unless you buy at a great aka low price

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Some parts are crappy... but admittedly I’m not as familiar with the rental market there.

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** Very Important **

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