Degree Real Estate Development with Multifamily Concentration (Kennesaw State University)M.S.

The major cons include high property taxes, difficulty finding positive cash flow (especially when using property management), and slow rent growth due to, among other things, rising supply of multifamily units being developed all around town.

Very briefly, Cedar Park's maturing real estate market is simply running out of available land to develop.

You'd have to work with a developer on the specifics.

It is Exactly the same as getting a preapproval when No specific property has been identified.....he loan will be subject to appraisal and condition.

I think density will slowly improve with changes to zoning allowing more multi family development in the urban core.

I have been frustrated since we always have acquisitions, full scale value add renovations and day to day management my current awesome hard working employees simply do not have time to work on business development, cold calling, networking etc.  

Our realtor their did mention that the students often stay in the newer developments closer to the school verses the downtown area.

I would take that $40k and identify an area that is up and coming, near a college, university or employment draw, and purchase a small condo as a rental. 1 Bedrooms or studios make excellent rental investments. 

I agree with many who have already said...Identify that the car is theirs, request that it be moved.