@Matthew Rogers does the same apply to Ellsworth AFB in Rapid City?

To some capital, as long as the product is not traditional vertical, apartment-style product then it is still build for rent.The biggest evolution I have seen in Build for rent recently is the transition to multi-parcel and for sale/for rent hybrid developments which is contrary to what was more standard in build for rent 5 years ago---traditional single parcel developments for density and tax purposes.

AND, it is the #1 best way to induce rapid, immediate DROPS in the cost of goods, huge dramatic price reductions. 

My area I feel has very little appreciation at the moment although rental prices have increased rapidly over the past couple years (many landlords have not yet raised prices to what market can support). 

I am based in Grand Rapids.

Mardi Gras and a rapidly expanding cruise industry.

Note* Cypress fencing is no longer available since the Wuhan Flu outbreak.Currently, these scrub trees growing taller exceeding my boundary just feet from the rear of my pool cage.The side neighbor (rental house)  has a large oak tree towering high with branches exceeding  my fence and rapidly reaching for the pool area.

These transactions can usually close rapidly, post receipt of title and an appraisal in 10-14 days.

Plus, if a unit is vacant, you lose part of your potential income, which might be more impactful compared to having multiple units in a larger property.Market Limitations: Depending on the Lubbock market, there might be a limited number of duplexes available, which can restrict your options or inflate prices due to high demand.Resale Market: Duplexes might not appreciate as rapidly as single-family homes, depending on the area and market trends.Hope that gets you started, shoot any questions you have my way!

I would connect with Amelia McGee of WIIRE who has multiple MTRs in the Cedar Rapids, Iowa area and can give advice based on the similar market.