Hi Just had a terrible guest without any reviews before.

Historically, property values in Plano have appreciated well, which can offset lower cash flow in the short term.

As someone that's traveled (13 year Army veteran), I saw the value and still think prices here are extremely reasonable for all the natural beauty and access to amenities.Interest rates have priced a lot of first time home buyers out of the markets.

The taxes are annoying, but most area come with very little cap on value.

The reason for this mainly of because I can get a bigger loan on the house we have just built, than taking a ground up new construction loan on the rental we are wanting to build next door as well as my experience with ground up loans is zero -  a lot of lenders look at land and don't' give value to it, you need to establish the fair market value of the land through a transaction.

Cashflow may be minimal but rates will go down eventually, and at least in Coastal FL, values will go up (even higher). 

Here are a few things you should consider:Homes from the 1960s, if well-maintained, can be solid investments, but ensure the price reductions align with current market values and potential ROI.If not, it'll be like a buffalo taking a dump in your ear. 

The loans should be for the full amount of the property value or higher. 

In addition, tou may also want to look around for third party reviews on the company.

Kitchens, bathrooms, plumbing and electrical is already set up and you just have to have the tradesman do the hookups, theoretically. to be honest my advice is to sell the lots you own and buy new. most lenders won't consider your basis in the land as equity, there Needs to be a new transaction created. at least from all the lenders I've seen. we talk to land owners every day in columbus that own land but it's unentitled and doesn't have any transaction recorded so the equity contribution that you are given credit for is vague. so if you sell your lots and 1031 into another one, in my opinion it's the best of both worlds. if you can'ts sell them, entitle them to get higher values and then 1031. talk to a zoning attorney.