Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

At our last turnover, we had neighborhood kids breaking in several times while vacant, damaging the house until we installed a security system and camera high enough that they’d need a ladder to get to it.

Hey James - going DSCR for a STR deal is pretty simple, and a lot of the time it is even easier than doing a LTR deal with DSCR.

This was the first place I looked to get an STR.

This is my first investment house. 

Since retiring 7 years ago I’ve been fortunate to be able to take the time to really think about what future goals that I have for myself and my family and I'm now ready to embark on a new adventure in real estate.

IF it sells in time.

That's how I bought my first house and completed a remodel.

I know a long-time syndicator currently offering 10%. 

My first instinct is to try and have someone assume my loan and get out.