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College Station for rental - yay or nay?
Hi. I'm new to investing and College Station caught my interest. After doing a lot of research, I'm getting close to sign a contract for a new build (4bd/3ba) in the Creek Meadow area. However, I'm starting to get a 'change of heart'. I started noticing MLS homes in CS have cut prices. Also noticed on the same street where I'm about to get a new build have rentals that's been sitting there for a while.
My questions are:
-are the price cuts in CS area and longer time on market for rent a sign that this is not the market for me to get into?
-Is airbnb a demand if LTR not a demand?
-Would 4bd/3ba more desirable to rent vs the other 3/2?
-How desirable is Creek Meadow area for rental? There's just a lot of new build so I'm assuming there's not a lot of demand for rental?
-Any tips? advice? Do I back out?
Thanks for all the help!