I contacted a local insurance agency where the rental is located and got a reasonable price. 

Would love to connect up with some BP members locally! 

This involves thorough research on local trends, networking with other investors and property managers, and finding reliable contractors who deliver quality work on budget.

The market in San Antonio is hot right now I figure the best way to get out there is to start going to local reia meetings Sareia has them every month good content as well.

Talk with your local planning and zoning.  

Hi Chris, I am currently working with a local investor client of mine looking to shift his REI portfolio away from SFR and more so into larger apartment complexes in the Northland Region of the KC Metro.I have been underwriting and analyzing deals recently in the $800k-2.5 million price range for him, so have 'my finger on the pulse' of what's available right now.

I am sure GC has great returns, but sometimes dealing with local RE Investors, you could get higher ROI because we want our private lenders to come back and refer us to their friends.

If you are buying under market, you may want to look into a local hard money lender.

My main advice is: if you invest in preconstruction, focus only on the most reputable developers who have experience in your local market!

Ashley,Network with local Host groups (Facebook) and with folks here on BP.