Currently, Microsoft is building three data centers just a couple miles from this location in Malaga.

I currently have 2 long term rentals, looking to add more cashflows.

We believe that the collective knowledge and insights from this community can be invaluable in helping us navigate the complexities and opportunities in this field.We are particularly interested in:Understanding the key challenges and best practices in new construction projectsLearning about effective project management strategiesInsights on securing financing and managing budgetsTips on choosing the right locations and marketsExperiences with regulatory and zoning issuesNetworking with potential collaborators, contractors, and service providersIf you have experience in new construction or are currently involved in such projects, we would love to hear from you.

Specifically looking at current risk vs opportunity to expand.I have a few properties all done post COVID, triplexes with 30y fixed rate mortgages from 6.5%->7.5%, good CoC return of ~20% on average, cap rates of ~9-12%.  

Ask to speak with some of their current owners and current/former tenants.

If you but now, and rates go down you can refinance.If you buy now and rates go up, now you have a below market interest rate.Basically, whether rates go up or down in the future, the outcome of buying at the current interest rate is almost always going to have a positive outcome.

I am currently still in school so I am relying on my good credit score and loans to get started.If anyone has any good tips to point me in the right direction, all are welcome!

Do you guys think this is a decent idea, or disaster waiting to happen.My concerns are that vacancies, forcing me to spend my own income to pay down my current residence and the florida home.

(I was obviously wrong about this as that property is currently estimated to have a value of $540,000.00.)

Focus on energy-efficient improvements, modern amenities, or cosmetic upgrades that appeal to San Antonio's rental demographic.Community EngagementAre you currently investing in residential multifamily properties in San Antonio, or are you considering making your first purchase?