I'd probably get multiple feasibility studies before engaging a bank and/or spending any money on the actual project.

Hi Everyone,Many years ago I had the goal of purchasing multiple investment properties and finally met it back in 2021 I am now super excited about and want to work and invest in the development of new apartment complexes or neighborhoods.Any thoughts on who to follow on X or YouTube and which development companies to reach out to that are in Austin/Houston?

There are multiple billion dollar companies dumping money into the city, such as Intel, Google, Honda, and Amazon.

Look at the multiple factors that influence your market to determine the price.

Testing them out see how it goes, but initial experience has been very good.

I've house hacked multiple times in Chicago so feel free to PM me any questions you have!

You can test out mid term or short term rentals on one or a few of the units to offset that, or you can accept that you're drastically lowering your living expenses and building equity. 

We’re eager to reconfigure that area into multiple units to enhance income potential.What strategies can we implement to address this situation effectively?

Its not your problem but sometimes they're turning multiple at once, they want to get your place up and rent ready and 1-2 extra repairs were required, not communicated...it happens. 

Increasing the market rent for a 3 bed split level home by $700 monthly, rented in less than a week with multiple interested parties Lessons learned?