I am meeting with a few more contractors this weekend, but wanted to see if I can get some thoughts here first.A few facts:-Assume all permits and drawings are approved by the city.

@Calvin Lipscomb From an investors  perspective, there are better areas of the city for a good ROI.

I would look outside the city.

If you live in the property you get some relief or discount.Every city charges a different rental permit/license, just need to figure out which city you are investing in.

Encouraged by the steady redevelopment of both city's downtowns and new construction heading West.

Our old home, which we now rent out, is a 2bd/1ba near the downtown area of our small city.  

Regards,Chris Chris, following up on this post, have you been able to do any lease option or subject to deals in Bossier City/Shreveport area?

DFW: 7.7% Of Home Sales Were Flips In First Quarter 2018DALLAS (Dallas Morning News) – Dallas-Fort Worth ranked ninth among the cities with the most home purchases and quick resales in first quarter 2018, according to Attom Data Solutions.

I find even the most tenant friendly state/county/City in the US heaven for landlords when compared to Spain. 

One day after my 14 day due diligence period I recevied a call from my bank saying they would not finance  it because it  was too soon, and because they  were not sure about the market in that city.