Katy, TX - a suburb west of Houston with close proximity to the city and good schools, as recommended in this forum.5.Montgomery County, PA - I am interested in this location due to its strong economy, high-income professionals, excellent schools with an average rating of >7, and good proximity to downtown Philly.public data shows low crime rate in any of those areas, is that accurate?

Rent can be increased annually, but expenses also go up (hopefully at a lower rate).

What is the interest rate on the note (s). 

BP,We (father and son venture) are looking to put together a fund for investors… family and friends to begin… this is not a pitch I promise.

I’m asking for opinions in this area since the crime rate is High and vacancy rate is high as well.

Mentioned % rates for mortgages may not come despite any fed adjustments. 

Interest Rate: 4.25%Years Left on Loan: 26Estimated Monthly Rent: $1,750Annual HOA Expense: $2,268Annual Taxes: $1,746Annual Insurance: $1,674My concern with the numbers above is depending on capital expenditure projects and vacancy, we may not be able to cashflow.

Hearing date by city for official approval or denial is in august.My current loan has about 145k left on it with a 3% mortgage.ideally would like to subdivide keep my existing mortgage on my current home and not affect the rate then get construction loan for new build.

It's one of the biggest trends in the PMC industry.Did you know that the national average rate of profits for a PMC is only 10%?

I would suggest exploring a cash out fixed rate HELOC or fixed second.