Advice needed for $175-$200k Rental Property in N. Dallas

[adilmustafa]

Can anyone please advice on the areas of N. Dallas (subdivision names will be better) where I should consider buying a single family home for rental investment in the price range of $175,000 to $200,000. I am expecting $1500 to $1600 monthly rent from this property.

I prefer a house which is less tha 10 years old and 2000 to 2500 sq feet in living area.

I am from Houston and not familiar with Dallas. I am living overseas at the moment due to my job. I would like to do the closing of the property during my 2 week trip to Dallas in 2 mionths.

[bankaround]

Keep in mind that property taxes are a little over 3%.

Grand Prairie is a nice place in the DFW area. Irving isn't bad either. I'd just be careful and not buy a place in the middle of nowhere.