Utilize the Texas market's low property taxes, strong rental demand, and low state income tax to maximize your investment.Good luck!

If you pick a different area, you may have less demand.

Lots of demand drivers in Sherman area.

Single-family rental (SFR) and build-to-rent (BTR) properties have seen a surge in demand over the past five years, but the sector is now confronting a slowdown.

Just a supply and demand thing really.I like pulling the money out with no taxes and then still owning the property so I can take advantage of the principal paydown and appreciation and a little rental income. 

Some sponsors are mitigating this risk by raising their own pref tranches from their own investor base, thereby giving them control over the terms.In a strong up market it’s likely that rent growth and strong demand will drive up income, thus driving up value, which supports the ability to take out the pref.  

Also, if you're renting by the room, it’s a great idea to try and be near a school or university for demand.

These are markets with strong job growth, low property taxes, and steady rental demand.

Hi Randy,The reason small apartment buildings haven’t seen the same price drops as larger properties comes down to a few key factors: 1031 exchange buyers inflating bids, strong demand for limited supply, and sellers holding firm on prices since they’re not under financial distress.

I'd probably not operate the property as an LTR because with such little down (5%) at today's rates, it would be negatively cash flowing.For the investors who invest in Littleton and have a furnished rental, can you speak on what the MTR and STR demand is like?