Though I do believe us humans are having an adverse effect on the global climate I don't think it's going to cause a mass migration of people to move north anytime soon like 10 or 15 years, maybe 50 years down the road if some of those extreme climate model forecasts end up true and society sits and does nothing to improve the situation from now to then. 

Young urban professionals appreciated the architectural details of these properties so much so that they were willing to pay above-market rental rates to rent them.Entrepreneur: Craig Hall / Hall Office Park (Frisco, Texas)Office park featuring a variety of artEntrepreneur: Jakob Medve / The Medve GroupUpgrading apartment complexes to meet student demand featuring unique art (large sculptures, art on buildings, etc..). 

Just a quick question have you found a USDA lender in the urban market or is a different USDA loan other than the rural development loan that you are using.

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

His company sells "luxury" property off the plans for wealthy migrants and apparently anything else is "social housing" renting to the lowest of the low of society. 

There is a global trend of living in urban settings.

(This coming from a Denver urban snob.)Good luck!

There is a lot of Dallas transplants there that are used to paying more money (FIL is one of those) but its not exactly urban sprawl either.

In this case rents and property prices will likely fall over time.Another factor to consider is urban sprawl.

Hi @Ariel Gomes I do a lot of work Downtown and can't think of any buildings that have a formal position on vacation rentals, I'd doubt any HOA would take such a position in the early stages of that industry.Your success here would likely hinge on the same factors you'd find anywhere for this strategy.  1) how open and transparent you are with your neighbors 2) how selective you'll be with your guests/tenants 3) how responsive you'll be to complaints and problems.Condo owners in urban areas, such as Downtown, will be very concerned about their safety and ability to limit access to their buildings.