Keller TX area Rental potential

[Victor Adewunmi]

Hi BP,

I am looking into the Keller market for opportunities. The North FW and surrounding areas seem to be garnering more interest. I see alot of land & construction in the area (ie - New construction, apartments, entertainment, restaurants). I did a bit of looking and see that the school district is not bad either. My question is for the current landlords in the area, can you speak on if there has been an increase in business as of late. If not, what piece is missing?

I have my eyes on a 1400+ sq ft property and I want to start practicing analyzing deals. It is priced at 186K and is a 3/2. There is a little value add opportunity, if I can 203k and then refi the cash out later maybe? I would love to hear any feedback.

Thanks in advance.