A good attorney, RMLO, and servicing company play a big part of this. .

I was thinking - go ahead and sue, when discovery comes into play and they have to testify under oath (for example were they raising money properly and how were they managing money) - many will not want to answer that question while on the stand. 

Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

It seemed like a long-term play with less price or industry volatility.

I negotiate at 70% ARV so the deals I bring are solid and I'd love to work with one single corporate cash buyer that is able to close  on several deals a month.

I’d love to play squash or golf with you there sometime.

You can play with it and build up a 3d walkthrough.

@Samuel Coronado - cash flow on new builds here right now is fairly non-existant without putting more than 20% down. 

But if costs are high or demand is uncertain, holding onto the land while monitoring the market might be the better play.

It will be very difficult to cash flow in Austin using traditional LTR methods unless you put down a huge down payment.