Well the pro is cheaper and faster and cost way less than traditional repiping method.

Dallas area is definitely a strong market - we are also seeing some solid opportunities a little further south in the Temple / Killeen / etc areas as well

Last year, I bought a condo in an area that I knew was being heavily developed and has a big plan for growth.

Indio is currently STR friendly as well as the HOA but I've heard there may be caps coming soon by the HOA - we wouldn't have to worry yet. 

Hey Jonathan,yeah, unfortunately that's what we got quoted for in the area as well through proper.

This is not very common, but a possible risk.And lastly, I am not an attorney, so confirm all of this with a local real estate attorney as part of your due diligence on property.

@Nick Morello  I have a proctor account were I put all of my builders risk stuff... zurich has this product as well.... you just e mail them and address and boom your insured.. they charge by the month..

If that is enough to pay off your investor and remaining repairs, it may work for this.You can borrow less than the 70% if you don't need it, but they would have to be the only lien on the property so you'd have to borrow enough to pay the investor as well.  

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!

Well that's what I'm trying to figure out, from a room-mate perspective, if the decrease in what the two non en-suite bedrooms needing to share a bathroom with a third (fourth in total) roommate is worth the extra rent I could charge.