This is verified based on the good schools, department stores opening up (Costco, Target etc.) as well as verified investment from Jerry Jones (Dallas Cowboys owner) and the city to grow the population.

I am also curious about when/how an attorney/legal involvement comes into play with this.

I just hope that there's a way to enforce compliance more strictly.As is, the playing field is uneven.

This platform has played such a key role in my journey over the years.

My goals are all based around being consistent. 

There are a few programs that can do second position financing but typically underwritten based on your personal income.

Long term play would be to either use it as a short term rental or 1031 exchange it after 2+ years.

I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.

So it can be good for cash flow and building in tighter spaces but it is less of a equity play in today's market if you're looking to sell right away

I think new investors who post here and take all the feedback as a whole, with a grain of salt, can really put it into play in real life and then discuss with investors at meetups in their area to get over the hump.