New to Dallas/DFW Market and seeking advice
I am planning a trip to buy property in the DFW area and was considering Little Elm, Corinth and Denton to buy SF buy-and-hold rentals. While doing the market research I learned that I35 is planning a huge widening project.
I'm wondering if I should consider other areas (either of DFW or compltely different market) because the rental demand would be less in the short term due to increased commute times, or if it's a good area because of potential appreciation in the longer term. We're planning on holding 7-10 years right now.
I'm also evaluating the Denver market, but Dallas draws me because I have a great PM contact, the prices are lower and the returns seem to be higher. Any advice appreciated.