Is Lafayette pretty much built out or are the some area north of town that will be subdivided and made into tract homes?  

@Kaitlyn Nesbitt positive in-migration from the largest renter profiles (millennials and baby boomers), positive population growth at the City, submarket, and tract level, minimal crime, above average job growth, greater than 35k median income at the city, submarket, and tract level.Would love to chat about where I find this info, we're constantly evaluating cities, submarkets, and neighborhoods around the southeast to make investments.

Will they keep "moving those goal posts," while the herd is arguing over "grazing rights" to the ever shrinking tract of grass, water and mineral rich land?

I then have my buyer sing an assignment co tract that myself and end buyer sign.  

Institutions usually would stay away too.There is a luxury golf course community that had several residential tracts go in a lien sale last year.

The property I’m looking at is a brand new tract home in New Braunfels, TX.

I recently gave a 1970's tract house a mini kitchen face lift with General Finishes Java Gel Stain.

Cash flow, which is almost unheard with regular tract houses, is pretty much guaranteed with affordable rental properties.Safety can be a serious concern for leveraged investors!

Usually they are small lots or small tracts of land (a few acres). 

Also, most buyers in a new tract are owner occupied so the neighborhood quality tends to stay high!