Moving to DFW in a month, just flipped a house in near Richmond V

[Caleb Jordan]

I will be moving to DFW area from Richmond Va. I lived in DFW for a while in the past and am moving back now, so I have some knowledge of the different suburbs etc.. I just finished a live in flip in Virginia so I have a little experience. Wondering if DFW is a decent place to find deals in current market for flips, rentals or small multi family. I will probably have 20k to 40k cash, depending on how much I decide to hold in reserve and what I plan on doing for housing for my family. Also does anybody have experience in dealing with some of the smaller to mid size cities like Wichita Falls, Waco, Longview etc. 'where real estate is a little cheaper.

[Alfred Litton]

Oh, one other thing. (Sorry to be wordy.) If you're a long-term player, you should look at the I35W corridor.  TXDOT has plans to go 8 lanes from Denton to just south of OK border and 6 lanes to the up to the Red River.  Why? Because the I75 corridor is getting built out and the growth will shift in the next decade to the Alliance area where there is still plenty of land. Denton, Krum, Ponder, Sanger, Decatur will boom when that shift happens.  Denton's pricey, but small towns around it have LOTS of potential for flips, rehabs, and long-term rental holds.  What happened to Collin County from 1995-now is about to happen to Denton County over the next 20 years. Look west, southwest, and just north of Denton for some older flippable homes in those small towns. You  might make a mint over time.