Entry price point, avg rents, and upcoming developments!  

The GFC unfortunately hit all of us lenders pretty hard and I had a concentration in Jackson and ATL and Memphis so I had to move to Jackson for a year to clean up my portfolio I thought I was going to be there for maybe a few weeks but that turned out to be a year and I got very fortunate I was able to rent the developers house at Reunion .

There are certain parts of Scranton that I have been advised not to touch since they are definitely still developing. 

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

That neighborhood is buzzing with potential-young professionals, trendy developments, and a rental market that’s always in demand.

Many people just ask the rates because that is the probably the only factor they know, so it's important educate them how several factors can also influence the rates.

To my understanding, there is an area the the villages is putting its name on that is not 55+ but I am not sure when this will get developed.

There's been a few Houston developers on Biggerpockets podcast episodes.One that comes to mind is Donovan Adesoro. 

The differing factor, IMO, is whether you're working with an HML/PML or a traditional bank/credit union.

They got Jared a policy that ran around $4,100 a year, which wasn’t exactly pocket change, but it felt like a workable number once he factored in the premium he could charge per night.