But I doubt that will be the case in 5 years time, with the the rapid pace of growth that is occurring in those areas. 

Simply make the monthly payments on the construction line of credit, and pay it off at closing, or continue making the monthly payments and use the money at closing to being another deal.I'm still vetting this scenario, and as i said, I'm still in the research phase.

The real estate market is booming, as foreigners continue to purchase private homes and private properties near to the beach like crazy.

I believe new guys hyped up by the TV shows will continue to overpay and may things crazy until they go out of business.  

Temple is probably the better play because of I-35 and other growth.13% cap rate is crazy high, though.

All the best in your journey, and I hope that you continue to learn and grow through BP.

It has been so instrumental in our investing journey, and in my growth as a real estate agent.

I don't know if I'll continue to use them after the duration of this lease.

@S Harper I would let the tenant know that they will need to continue paying the rent until the apartment is empty.

Rates have been rising steadily the last 7 months and will probably continue to do so.