got out of flipping to new construction in our market in columbus ohio. licensed general contractor. when interest rates got high single family existing went down by 30% new builds sold at a 6% increase that year which demonstrated the desire and premium that new construction commands. never looking back. total control, rinse and repeat. we can get permits in 28 days. we can buy land cash in 21 days. we can build in 120 days to 140 days and keep moving. super scalable and easy and no risk. we build the same 2-3 Floorplans 

As they see their money is safe and you're succeeding with your plans, they'll usually ask to increase the amount of money they loan to you.

We decided to do a full rehab to get nearly double the rent ($2900)and increase the ARV to $260k.  

The customer service/property management hasn't been as proactive as I thought it would be.

Like most markets, there is a growing trend in the area due to affordability and increasing more things to do. 

Despite higher interest rate environment, there's reasonable probability inflation will still continue - thus increase hard asset valuation.

It’s now estimated that Texas has 31.29 million residents, up from the 2020 count of 29.15 million.But Texas also ranked as the top state in the nation for domestic migration and natural increases over the past year.

The increased cash flow and the ability to pay down the loan more quickly are the biggest draws for me.Am I underestimating the time commitment of managing a multifamily property?

Need to understand customer traffic flow, neighbors, street access.Since you already own a location and know the market. 

I can get 5 times as many deals without increasing my budget.