Small balance commercial loans have never been more competitive than right now with rates near Fannie/Freddie on 30 year terms. 

Unless there is high competition and you think adding AC will increase the pool of tenants (that is if you are hurting for tenants in the first place), I dont see a reason for doing this.

Seems like a niche market that would have less competition and possible long term renters. 

Make sure your rent is competitive with what has already rented in the area within the past 6 months NOT what is currently on the market. 

I tend to outwork everyone, very competitive in terms of meeting goals and putting the best product first. 

The cash required was minimal, the profit margins exceptional, quick and easy buy/sell, and competition practically nonexistent.

As I understand it, Dallas sprawls out, so rents don't rise like they would in geographically constrained city.Does the $4B project mean that more people are going to be drawn to the area or does it mean that there's a whole bunch of new competition being built nearby?

Unfortunately, the housing market in the NJ/NYC area is very competitive and more expensive so I am setting my eyes around Texas.

The more cleaners you have in an area means more competition so prices are usually better.Target cashflow is more tricky IMHO.

@Robert Walden  student rentals typically rent at a higher rate of rent and chances are your competition isn't using coin ops in SF.