The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet. 

The lender I mainly use now does 70% PP but the rehab draws are very easy, wired within a couple days of your request.

Here’s how I’d think about it:Option 1 - Proceed with the 1031 Exchange:The main advantage is deferring those capital gains taxes and keeping more capital working for you.

Hi @Leon Jamison,I can recommend my contractor. my project was $420K, 7months, funded through 203K. we went slightly over schedule (10months),mainly due to a few failed/ repeat inspections, but we were able ton finish under budget.TBH, Im actually doing a second multi family reno project in the heights, New York Ave with the same contractor beginning March 2025.Anyways, you're bound to have issues when working with any contractor.

One of the smarter recent strategies is the owner is living in the ADU and renting out both levels of the main house on AirBnb.I invest in the Bay Area and Indianapolis metro area (Class A suburb and Class C).

The good places to start investing at the moment are places within a 10 min drive from main urban centers, and which have different types of residents (not just tourism, not just workers, etc).Feel free to reach out in case we may be of assistance.

Did you live in the property during renovation b.) how frequently you renovate and sell properties b.) your intention at the time of purchasing the property.

It does bring in some income outside of season as it is close to AC but it certainly makes over 80% in 3 main months.

Having this will provide focus and intentionality in your actions.

I like the strong infrastructure investment and overall job growth trajectory in these parts of Williamson County.We're also seeing similar job and infrastructure growth between Austin and Bastrop mainly thanks to Elon Musk's investments in the area.