Most of our houses are in the inner city in rapidly gentrifying areas so we have plenty of liberty to design and do things that aren't so bland and run of the mill.

In most cases when I see some body scaling up rapidly they are playing in C and D type properties, again don't get me wrong more power to you if you can do this but since I am a passive investor I prefer trouble free properties in trouble free areas. 

But only after they've proven themselves on incremental projects with him.Just food for thought. 

You have to work harder for the deals but we have seen no decline in returns in fact we have increased our yield requirements if anything as rents are strengthening more rapidly than prices.

Kyle/Buda growing rapidly, will be a Round Rock sort of market.

I will then only allow them to extend the contract in 2 week increments.  

However I think there might be a volume issue that rapidly builds up.

It should be fairly easy to estimate the value of a degree based on surveys of the incremental lifetime earnings of people from each degree.If we have a system of financial assistance that is limited to poor kids and gives them incentives to do well, and if we can eliminate government-run educational institutions, and if we can further make the financial support process more market-driven, then I support your idea of a public role in the education of children.

AD - I've been traveling for a few days and haven't been on the site - so I'm a bit late...There's a lot of great information out there to assess markets by - here's a great one to think about - population growth in the later half of the decade as compared to the first as evidence of a market that has (for whatever reason) grown rapidly and created a strong demand for housing.

Overhead costs typically are incremental and remain pretty constant (unless you have one property per LLC), 1 property with $3000/yr OH costs doesn't mean 2 properties will cost $6,000/yr, unlike operating expenses which are usually multiplied by however many properties you have.