I ran your numbers through my own development proforma analyzer and it looks really good as a DSCR loan. 

We plan to share ownership of the property as I am going to invest my money into developing (building a Detached ADU in the back) and re-modeling the property so that we can collectively sell it for a profit.

@Amir PortalFort Worth (Southside): Affordable entry points with growing rental demand due to development and school proximity.Arlington: A solid mix of price points and strong rental potential, especially near UT Arlington or entertainment districts.Focus on areas with rising population growth, job opportunities, and low vacancy rates.

For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood. 

Plus, you get huge appreciation here based on how many companies are moving and developing here! 

Incensed deal flow by developing a large list of contacts of commercial mortgage brokers using LinkedIn.  

I wanted to share my situation and get some advice.I currently own an apartment in a highly developing area in Guaynabo, PR.

Software developer - "What things do you look for in a CRM?"

There are many new developments going up but traffic in some areas are horrific, especially at peak. 

McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.