If you want to get into the Dallas Rental Property business you will need a good realtor who will assist you free of charge and find you the best bang for your buck real estate investment. When looking for a rental property you should probably look more so at the rehabs, because rehab property gives you the best bet on earning money in most cases. The number 1 objective is to buy right. A rule of thumb that I tell my clients is you want it to be well above 1%. So if you purchase a home that is $100,000 you want to be sure to always keep it rented and get a minimum of $1000 every month.
Dallas investment property is has many good areas where you will find rental deals.
If you want in the $50k range Mesquite Real Estate is a good place to look
If you want the $100k range Carrolton Real Estate may be good
Anything above that, you open your options alot to many parts of North Dallas Real Estate
So remember to buy right!