In my area around Flower Mound they are still allowing it but prices are high.I know that new builders in the Fort Worth area are allowing it too, but most of them are.small builders and you need to dig in to find them.

The problem I see is the masses have not understood the advantage of purchasing a duplex.As far a Lennar is considered an entry level builder, I don't see that their neighborhoods in general have very good price appreciation, unless they are in a unique area where the location is exceptional.I think that prices are falling, and that you should be able to find a deal, the I-35 Corridor from  San Antonio to Austin is a very hot area.Here is an example of a property that was listed for $342,000, and the list price is down to $300,000, with a price drop of $20,000 on 7/29. 1261 Stone Rim Loop, Buda, Texas 78610, If you need any comps or info, just let me know, I'm a licensed Broker in Texas, and I have MLS access across the state.Also, I'm not sure if you know, but you can split your 1031 exchange and purchase multiple properties instead of just 1 property. 

Hello @Dexter Belleza,So everyone knows where Sloan is, see the map below (click to enlarge).

I am working with the city for approval and have a cost estimate from someone I know of 250k to build another duplex on the property and eventually multiple duplex.

I've never flipped a house before and I know MLS exposure is very important.

It doesn't say "in the year before"... and I know this is typically how tax stuff works, from Jan 1st to Dec 31st.   

Problem is you don't know what you don't know at my level. 

The underwriting is based primarily off of the property, not you as the borrower so the main factors evaluated are property value, DSCR ratio (cash flow), LTV, and FICO.Also, I am from Boston and know the area well.

I really don’t know who to trust .

I wanted to know if anyone would have some guidance on a few things.