If it is a good deal, and you are concerned, just reserve more to ride out any slowdown with leasing.

@Todd Dexheimer The only thing I can imagine is the noise from ambulances (maybe) aside from that it seems like if the rest of the area is nice the units may come at some kind of premium.Things like eliminating a commute, especially when you work weird long hours.Ease of response if you're a doctor or nurse on callEasy access to care if you're someone who anticipates visiting the ER (fall risk or heart condition) and potentially eliminating the need for ambulances (I work in insurance, those things are expensive to ride in).I may just be new to all of this but that's me just spitballing about what some of the positives may be.

Is this normal for Texas or am I being taken for a ride?

In the due diligence period - my awesome agent & partner Corby not only handled the 1031 but got me a free brand new roof on an insurance claim from previous hail damage prior to closing.

My daughter told me about a business owner that rides his bike to work and takes the transit bus home to his expensive house.

We only put 5% down when we purchased the house so we we’re hoping to ride the appreciation train out of our PMI with this effort as well.

Ride it out for another tear. 

I ride my bike in the north bend area quite often.

For long run, I still feel downtown has its charm yet before Vac, it is tough to ride the metro or go through elevator.

I'll let the rest of the rentals ride as is essentially.