@Arun S. welcome to Bigger Pockets from another Milwaukee native!

Even the Chumash native Americans had to sign off on it. 21k homes is that the largest single new residential build in nation? 

Since I like communities that need lots of new homes to fill vacant lots, to me that is a major advantage.The question still stands - how does the rest of this forum react to laws, taxes, etc?

As an aside, I've definitely been a stock market guy and have taken significant portion of my portfolio into cash as the market seems to be a bit toppy and I think will react poorly to whoever wins the election (tons of problems with each candidate) and to the eventual increase in rates by the Fed.

One of them is also not a native English speaker but that hasn't seemed to be a problem. 

I don't have any control whatsoever on what happens in the future, but I can adjust and react to what's on the ground in front of me.

My wife and I are STL natives and have 14 properties there but do not know the Tampa St.

As a native Detroiter, I'm rooting for you!

As a native Texan who was born and raised in San Antonio, went to college out of state and then returned to Texas -- Austin for 15 years and then Houston for the last 8 years, I think I can address your question.

@Kenny SmithHistorically rates have had little impact on home prices believe it or not.My guess is you won’t see YoY pricing drop until next June time frame while MoM will stay flat or slightly negative (depending on market).Remember real estate is illiquid and does not react quickly to changes.