But people still flock to Disney, Universal is opening a new theme park in May and the area will always have new events and attractions to draw guests. 

-The right “how” will attract the right “who” and discourage and weed out the wrong “who”.Me and my property management team developed the a 40-Point Complete Household System to not leave the “how” to chance.

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

Lake Murray is a great attraction to the area as well.

(This happens rather often) Then you can really use this attractive borrowing rate for good use. 

McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.

SFH with three bedrooms attracts more people to live in, some times two families sneak in and parking on the grass can become problematic.  

They host regular meetups, workshops, and networking events that attract investors across all levels, including those focusing on multi-family and commercial properties.

There's a mix of younger professionals drawn to the tech and education sectors, as well as retirees attracted to the area's mild climate and cultural attractions.2.

A few areas to consider for long-term rentals are Madison, South Huntsville, and the areas near Redstone Arsenal, as they attract stable tenants.Are you looking for cash flow, appreciation, or a mix of both?