To set the stage, here are a few key points:Property:2 story townhouse2 bed / 2.5 bathMostly carpet18 month old (yep, its brand new)Situation:Nobody was hurt to my understandingTenant did not have rental insurance even though it was required in the lease per my property managerTenant admitted, in writing, they caused the fire.Kitchen fire that burned the kitchen completely and I have smoke damage throughout. 

I’ve personally noticed quite a few mobile home parks in my local area and many of them are directly adjacent to (or behind) brand new housing developments.Literally people are building $350-400K homes and their view from the backyard over the fence is a mobile home park.I have been wondering how the park is affecting that new home value (and how it will also affect it in the long run) and vice versa, how will the new development and city/county regulations affect how that mobile home park will do in the future.

So although initially this may seem like a set back, if you do it right, you'll end up with a brand new kitchen redone up to code, get your lost rent paid back from the insurance.  

They are building a second campus in Bryan and adding 25K students with a brand new community college.

I think building my personal brand would be nice, but don't want people to constantly ask for Austin to fix all their problems.

The experienced investors to be blunt...don't need a brand new person getting involved in real estate to try to "help" the experienced investor.  

Go with a good brand, that someone can recommend to you.

Hey there,I'm brand new to investing in real estate and thinking about getting into multifamily properties.I'm looking for some advice from people who know what they're doing and was hoping that someone may be able to help me here.I've done some homework and educated myself to a point but I don't know anyone with real estate knowledge so I keep telling myself it can't be done (hopefully someone on here will tell me otherwise) Here is my situation: $300,000 in equity from a Single family residence$100,000 cash to investNo limitations on which state to buy in Thanks,Peter Knox

I am brand new to residential RE investing having only bought 2 six BR single family homes set up for student housing.  

There are 12 brand new town homes across the alley going up.