Our ultimate goal is to get into real estate development along with buying rental properties.

As for the experience suggestion, thank you for your bluntness JHL, we all need that reality check, but I also have 42 years (bought my first property at 16 years old) and 5 generations of real estate investment behind me and am always looking for new developments in this dynamic business.

Having been in Austin for nearly five years, I've seen a significant increase in incentives for developers to build multifamily properties.

This is literally the biggest obstacle for any data center development today.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

There are definitely some municipalities that are easier to get along with than others, but all are open to development.

Problem is there are probably 1000 lots or more for resale and the developer is still selling. 

Interested in STR, LTR, Fix and Flip, commercial RE, and land development. 

There is strong macroeconomics because of the growing population, job market, and the major companies moving and developing here.

Plenty of opportunity here in DFW.So far I've been working with a couple of local development firms (Realty Capital & Hunt Realty Investments) that have given me some guidance on the commercial side.