Since I learned a lot from this community, I wanted to share my success with you. 

Do you generally buy new build or old homes for rental purposes Not all new build communities sell to investors, but some/most do.

Hi William, welcome to the community!

Be aware if the town is standalone, or it mighthave a large population outside since it is a suburban community to alarger town nearby.

If convicted of bank fraud you may be facing large fines of up to $1,000,000 and/or imprisonment of up to thirty years.Posted without comment.Okay, so one comment:Just because someone in your community says it's okay to do, better clear it with the feds first, or you may be talking with them later..This reminds me of a Subto in California that went bad and wasn't handled correctly. 

I've never really done a deep dive in analyzing the area because it is a retirement community, median income is very low, and there arent a lot of jobs in the area.

Quote from @Fumi Maher: Hello community,I am a new investor in the Austin area, TX and debating between two strategies.

Hi Brooke, Welcome to the BiggerPockets community! 

Hopefully, I can actually help the Investing Community with my own experiences and this will help someone decide if this software is for them or not. 

Hey BiggerPockets community!