I was born and raised there but left about 15 years ago. 

I was born in Columbus, still visit almost every year and have lots of family there and I find it very difficult to believe what you just posted my man.

I'm from Austin, born & raised, and I tell all my friends and family that San Antonio real estate market is Austin's....5 years ago, now look where Austin is at :) "South Austin" is now Buda/Kyle and you can literally see the intersection where the development ends...new aparments are being built, starbucks just posted in front of 3 large apartment complexes being built, and the growth will continue until the edges of Austin and SA meet in the middle. 

The following standard easement notes shall be included on the final plat.a) ERECTION OF STRUCTURES PROHIBITED: Grantor shall not erect any structure over or within the Easement Area without obtaining the prior written consent of the City Engineer, provided however grantor shall have the right to place and maintain a surfaced roadway over and within the Easement Area.b) CHANGE OF GRADE PROHIBITED: Grantor shall not change the grade, elevation or contour of any part of the Easement Area without obtaining the prior written consent of the City Engineer.c) RIGHT OF ACCESS: City shall have the right of access to the Easement Area and have all right of ingress and egress reasonably necessary for the use and enjoyment of the Easement Area as herein described.d) REMOVAL AND REPLACEMENT: The cost of removal and replacement of any unauthorizedimprovement or structures within the Easement Area, necessitated by the exercise of the rights under this easement, shall be borne by the Grantor or their successors or assigns.e) SURFACE RESTORATION: City’s liability to restore the surface within the Easement Area shall be limited only to grading and seeding, and replacement of grantors surfaced roadway.f) DUTY TO REPAIR: City agrees that any drain tile, drive or access way, fence, or yard or other improvements outside of the Easement Area which may be damaged as a result of any entry made through an exercise of the City’s right of access shall be repaired at no expense to Grantor.g) EASEMENT RUNS WITH LAND: This easement shall be deemed to run with the land and shall be binding on Grantor and on Grantor’s successors and assigns.h) GRANTOR RESERVATION: Grantor reserves the right to use the Easement Area for other purposes provided however these purposes shall not interfere with grantees use of the Easement Area under the rights of this agreement.d.

It's a rookie trap. 

When done perfectly, after the rehab you end up with none of your investment money trapped in the property.  

this sounds like a nightmare waiting to happen in my opinion. i mean, i love a good hot tub as much as the next guy, but sure as the day you were born, when they go...and they will eventually go...they will leave that back yard destroyed.i wish you the best but i would steer clear.

I'm happy to share my experiences and would love to learn from your experiences.Best,Brian Born and raised in the area, would love to connect.

If its some cosmetic improvement its unlikely I'm going to approve and pay for them.If its a cosmetic issue, I will approve a contractor but not pay the cost of the workDO NOT fall into the trap of a tenant making changes and then paying them back... it will escalate and be almost never ending. 

But also, your wife needs to get over the paralysis/analysis trap.