I’m working with a build-to-rent development there that’s seeing strong appreciation growth, similar to what we’re seeing in Gardner and Olathe, KS.

Connecting with others will accelerate your learning process in a strong market with numerous opportunities.Good luck!

There are usually, plenty of issues with new homes, I would strongly recommend still having a home inspection before closing (if you haven't had a formal home inspector come out) and making the builder address any AND all issues, it's a new home, it should be near perfect.

This makes mobile home parks a smart, resilient investment choice.For those willing to look beyond the traditional property investments, mobile home parks offer the perfect blend of low risk, low maintenance, and strong returns—a true hidden gem in real estate.

@Haiden WelchReal estate investing requires hands-on experience and a strong foundation in financial markets, business management, and real estate principles.

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

To be a reliable and successful Private Money Lender, focus on building strong relationships with borrowers and real estate professionals, thoroughly assess each investment opportunity by conducting due diligence on the property and the borrower's financial background, and establish clear lending criteria to mitigate risk.

The implications of taking money from a retirement account(if not Roth) is that the distribution will be considered income and potentially subject to a 10% penalty.In my opinion, real estate investments and securities within a retirement account are used towards your later years.So it doesn't matter whether it is in one bucket or the other.If you are subject to the 10% penalty, I would only take out a distribution if you strongly beleive your return from real estate will be several percentage points higher than what you can invest in with your IRA.For example, if your return within the IRA is about 8% and you can make 10% in real estate, I would consider doing the distribution because the extra return will pay off the penalty over a few years.Best of luck

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

I currently househack in Fort Lauderdale and I would very strongly recommend it especially for starting out.