The majority of the respective markets listed above are A-class.

Focusing on B and C-class properties is a smart approach for multifamily investments, especially in a vibrant area like Austin.

Vintage year is also very important, is this a c-class property (which it sounds like it is, maybe c-), B-class etc. 

Brad:  Syndications are the #1 asset class for SDIRAs. 

That means that all neighborhoods have some element of "D class", so even if you make your property "A class", it will be held back in appreciation.

For Canadians seeking to tap into the market in the States, the way the LLC is arranged creates a challenging tax environment and basically leaves you limited return. 

You still need to avoid doing anything that makes it seem like you’re being discriminatory especially against protected classes.

But IF the property in question is in compliance with all code, and provides a safe and secure environment, all problems are timely addressed and corrected, and the property is maintained on a professional level, then the investor who has a large capital investment in the property should be entitled to enforce any contracts providing him with the agreed to cash flow. 

I believe we are in for a very active real estate environment.

Ultimately, Lawton could be appealing to cash-flow-focused investors comfortable with high-risk, high-reward environments and looking to leverage a reliable rental base tied to Fort Sill.