My totally uneducated theory and please poke holes in it, is that rents will gradually stop growing and/or decrease as developments  reach the lease up phase.

Don't you think that adding an identifier like that would be good for the website though, in case that is what people are looking for? 

@Kevin Fox the city council is voting Monday to eliminate Development and Impact fees, which will make this 8-20K cheaper to permit.

A big problem on the BP site when people ask for advice when dealing with Multifamily properties is not identifying which classification of multifamily they're seeking advice on.

OP was trying to figure out what could possibly go wrong.My point is, if the taxpayer is deceased, did or does the State have a duty to identify a PR or heirs. 

Low income is being forced out of Austin, it is a shame but the development going on is generally targeted to higher end subdivisions.  

They will be screened like everyone else;Once approved, they must pay a $50 administrative fee to cover our staff time;Tenant must review the lease and all addendums, agree to them, and sign them.Pretty simple but you should use this opportunity to develop a process and put it in writing so you're prepared for the next time.

The ones that are here are brand new, on newly developed land and not for sale.Any advice on what I should do?  

But some areas are nice and well developed.

I don't really care for the PC term of rehabbing or renovating a property and I think I would sound pretentious if I tell people I'm a residential property re-developer.