If you want fast traction on a rental in the DFW area, I’d hit these right away:Zillow / Trulia / HotPads – Zillow syndicates out to multiple sites, and that’s where a huge chunk of renters start.Apartments.com – Even if it’s a single-family, it gets a lot of traffic in Dallas.Facebook Marketplace & Local FB Groups – Tons of local renters search here, and it’s free.

From what I’m seeing across BRRRR deals in the Triad (Greensboro / Winston-Salem / High Point), most experienced investors target a refinance LTV in the 70–75% range.Here’s why that band tends to work in practice:• 70% LTV — Most conservative and most resilient.This usually allows investors to:– Recapture the bulk of their rehab + acquisition capital– Maintain strong DSCR even if rates shift– Absorb a soft appraisal without sinking the dealMost lenders also price better in this range, which helps long-term cashflow.• 75% LTV — The “industry standard” for BRRRR refinances.This tends to be the sweet spot where:– You recover enough capital to recycle into the next project– Debt service stays manageable– Cashflow remains positive even with today’s higher rate environmentA lot of Triad investors settle here because the rents usually support it.• 80% LTV — Only works when the rehab is tight and the ARV is rock solid.You can pull more cash out, but:– DSCR compresses fast– Cashflow can get thin– Appraisal risk becomes much higherMost investors only go this high on lighter rehabs or when the numbers are extremely predictable.In short:70% = safest,75% = most common,80% = possible but narrow.Always interested to see what other markets are trending, but these are the ranges that consistently work for BRRRR investors here.

But my favorite sponsors aren't from here.I'm a conservative investor, so when I invest in multi-family I prefer sponsors that have at least one full real-estate cycle of experience, little to no money lost, low leverage, and high skin in the game.And there is a multi-family operator that has multiple real estate cycles of experience (decades) and it's track record claims no money lost in that time.

Re-underwrite the exitIf it’s truly a high-demand pocket with strong comps, you might be better off pitching the project as a “light flip” with a conservative ARV and faster timeline.

Stats here: https://canopy.stats.showingtime.com/infoserv/s-v1/nrx6-70DI'd say be conservative with your rental rate, be prepared to be on the rental market for longer than before.

A business like these can have issues just like a family in the property.You may just have a bad tenant and need to end the lease.

In parallel, become a “certain buyer” to wholesalers/agents with a clear buy box, proof of funds, and fast yes/no; say no to anything that won’t cash flow on conservative numbers.

This is how I got started: I bought a home to live in, fixed it up, and waited for some equity to build before buying my next single-family home and renting out the first one.

Paid $75,000 for it, put $30,000 in rehab into it, refinanced and rented it, and now it's worth around $230,000 conservatively with $105,000 left on the mortgage.

Quote from @Chad Emerson: Looking to buy our first multi-family deal.