If your numbers are solid, you might even be able to cover the monthly payments out of the rehab budget.This kind of setup works best for properties that need significant rehab, and you need to be confident in your numbers and your ability to get the work done. 

Maybe it's early stages of a growth market.

Market Growth: Texas cities like Austin, Dallas, and Houston have experienced rapid growth, but is the market becoming oversaturated?

You can't raise the rents in a fixed term lease but if it's month to month you may have the ability to make a change with notice (30 days is fair in my market).

Maybe in the future they will add the ability to create a balance sheet which could be beneficial. 

That shows the growth patterns of the metro.

That could be market knowledge, ability to rehab a property - something that can give you an edge over other experienced RE professionals in the market and asset class you are working in. 

As a multifamily specialist there, I do mainly two types of housing: affordable (DSS, Section 8, CC), and students.Binghamton University is a massive state school that's outpacing the higher-ups' expectations for growth, and has been for a few years now.

Doesn't affect us, but it would affect anyone with a hot tub because it would really hinder your ability to refill it.

These two things can do worlds of good for a high net worth investor looking to maximize tax- deferred/tax-free growth and minimize general taxes from operations.