With new construction, comes more competition.

You may need to sign a contract which is fine since you won't get charged for detailed planning/construction work unless the construction actually starts.

I do and I can say it has great potential for new construction and existing properties.

Purchase price: $540,000 Cash invested: $108,000 Investing in South Texas offers additional benefits:•Affordability: The price per square foot for new construction in South Texas is among the lowest in the country, making it an excellent value for investors seeking high-quality properties at a reasonable cost.

This is commonly called a reverse exchange or a construction or improvement exchange. 

Including acquisition and construction ? 

A common issue is supply and demand effected by population changes, construction, economic issues, the job market and location.Personally I haven't seen vacancy issues at this time,  but I have gone through cycles of vacancy issues.

Purchase price: $540,000 Cash invested: $108,000 Investing in South Texas offers additional benefits The price per square foot for new construction in South Texas is among the lowest in the country, making it an excellent value for investors seeking high-quality properties at a reasonable cost.

With new construction and renovations going on, on almost every block.

Hi Elvis,You will need to fill out a construction permit if you are doing a major renovation, which requires an inspection from the city to ensure the code is followed.