I would like to hear your take on that submarket, and your perspective on other Dallas-area markets such as Plano, McKinney, Allen, Frisco, Prosper, and Celina - particularly the areas you feel are showing strong fundamentals right now.

Hi, I have an opportunity on an investment property in Plano TX to purchase a fix & flip with tenants (will commit to 24 mth lease & to help do repairs & updates) at a price well below appraisal/market value.

An example of what I do not aspire to is I visited the Edith Farnsworth house in Plano yesterday.

🤔🤔😶 I've done a bit of research & it seems Plano, Duncanville & some pockets of Dallas do well.

I know plano doesn't allow them for rental income purposes.

I believe Plano has regs or in process of enactment after several bad incidents.Most of the condos and HOAs prohibit STR.I think if you're set on doing this I would look at the smaller cities outside of the main metroplex where STRs are not prevalent and so fewer regulations and less interest from the neighbors.

Addison, Allen, Anna, Azle, Batch Springs, Bedford, Benbrook, Burleson, Cedar Hill, Celina, Cleburne, Colleyville, Coppell, Corinth, Crowley, DeSoto, Duncanville, Ennis, Euless, Farmers Branch, Fate, Flower Mound, Forest Hill, Forney, Glenn Heights, Grapevine, Greenville, Haltom City, Highland Village, Hurst, Keller, Lancaster, Little Elm, Mansfield, Midlothian, Mineral Wells, Murphy, North Richland Hills, Prosper, Red Oak, Rockwall, Rowlett, Royse City, Sachse, Saginaw, Seagoville, Southlake, Terrell, The Colony, Trophy Club, University Park, Watauga, Waxahachi, Weatherford, White Settlement, Wylie, Dallas, Fort Worth, Plano, Irving, Garland, Grand Prairie, McKinney, Frisco, Mesquite, Carrollton, Denton, Richardson, Lewisville, or Arlington

Plano is a major job market to the South.

I just finished renovating a 3/2/2 house in Plano, TX and it's cleaned up and ready to list today (May 26) — but I'm only in town for 1 week, and then I'm going on vacation for a week, with two weekends tacked onto that. 

There are nice-looking 4/2.5s with much lower rent than you in West Plano.