Tenants may be paying a premium to get free utilities, in which case your rents may be overpriced when compared to other units paying their own utilities.

However, the real estate landscape continues to be strong compared to most major cities in the country.”

Industrial is trading at higher cap rates compared to retail, multifamily,etc.The larger buildings once vacant take longer to re-tenant.For guarantee there are many different levels.1.Parent corp.2.

Typically, there will be better cash flow with duplexes when compared to SFR's in Lubbock.

., As a property manager those are soft issues to me compared to say, eviction.

However, I am out of my element when it comes to leasing a commercial property.

Dan made some great points, but the family element certainly makes this a unique situation.Depending on how the numbers look, there are a few ways for you to potentially structure the deal.Feel free to shoot me a PM if you’d like to chat about what’s best in this situation.Best of luck!

And, some areas of Pflugerville have a lot of competition, so make sure you compare your asking rent price to similar homes that have already rented...not only to homes that are actively competing with yours. 

Typical is 35% down or more.Now with retail centers multiple tenants are underwritten differently and you can generally land 25% down unless cap rate is really low compared to interest rate and then it might be 30 or 35% down to get a loan.Abdul,I post when I can in between deals.

Discuss their level of success and compare it to the best you can expect from the low cost areas (i.e. mostly Midwest areas).Good luck