The most difficult part for me was raising capital.

Feel free to connect so we can share some information on that area and Florence or Muscle Shoals if you are open, best of luck. 

Or determine where and how you want to get involved, raise some capital by selling or using your current properties as assets and get involved that way with or without partners depending on your budget and goals.

If the price is right, it is even  a deal to redo a complete raised foundation.

If an operator/syndicator is using a 506B to raise capital, he cannot advertise.

I decided to raise their rent $500/month, even though market rates for comparable apartments in that area are $200-$600 higher than that.

Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments:  $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.

Needless to say, It is a constant battle picking-up leaves, sticks, and twigs.The tenants do not speak English and have created issues in the past with caused by raising chickens, large tropical birds, pot belly pigs, etc,.

The city's growing number of people and its economy might also help raise home values and the cost to rent.Start by looking at your equity, research the rental market in Lubbock, check out properties with tools like BiggerPockets rent calculator, talk to local pros, look into money options, and choose if you want to run the place yourself or get a company to do it.

Granted I have never had the 72 item list asking me to raise headroom, but I usually carry a couple thousand dollars in a line item for inspection issues.