Welcome to Texas.
You can do this.
Plano is absolutely hot rignt now and some of that action continues to Murphy.
Allen, Plano, McKinney, and Frisco are really hot markets....and looks like that will continue for the next 2-3 years in my opinion.
The only question I would have is for most investors the investment homes they buy are often completely different than the home they might live in. Perhaps smaller, cheaper, not as fancy.