Developers will not be able to get these bonus building permits without providing such TDR credits.  

My piece of advice would be to research emerging neighborhoods and focus on areas with strong job growth and infrastructure development. 

Has it developed much in the last 5 years? 

Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.

In my view, this trend is likely to persist and could be a strong demographic tailwind for a long-term investor like yourself.Specifically, Athens, AL—a city about 30 miles west of downtown Huntsville—was the #1 fastest-growing city in the state in 2023, so there’s a lot of growth, development, and opportunity in and around Huntsville proper.If you have the time, do some driving around.

Purchase price: $515,000 Cash invested: $960,000 Sale price: $1,850,000 New Construction development, What made you interested in investing in this type of deal?

Given the location and how the town has been developing it seems like a good investment opportunity for rentals.

I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.