Should I Buy A Dallas Duplex or SFH?
The Dallas market hasn't reached its peak of the cycle but I do know it is closer to the top than the bottom.
Should I buy and move into a duplex, fix it up and rent out one side (like the ones in Bishop Arts) for $300k?
Or
Buy a Single Family Home for under $300k (like over in the White Rock area) and ride the appreciation. Then move in two years for the $250k capital gains break and rent it out then?
Down side of option two is that it pushes back my first renter goal by two+ years from now.
What makes the most sense financially? If I do option one then when the bell curve goes down I can use the cash flow to buy a bunch of SFH at their lowest.
Or is Dallas not even close to its peak with all of these new companies moving in?