I have researched it and it seems pretty straightforward using key check for the landlord tools. 

.- thanks   1) ask present bank / lender   2) ask the lender that is providing the  construction loan 3)  check out all the local  smaller to mid size  lenders  close to the  site 4) contact any banks / lenders  you have  relationships with 

So far everything I've checked looks legit. 

It's a great place to check out.

Have you even bothered to check into how many of the apartments are delinquent on rent or other charges?

For example, if you check a rental reference and the previous landlord says the ESA (dog) bit another tenant, then you can deny the request. 2.

I would also check out Boerne and Fredericksburg if you are looking to go the STR route.  

Well..reality check.

CA can be much more restrictive to raising rents so you'll want to check on the regulations. 

I'd want to understand your specific financial situation and your goals first and as a mortgage broker, I can check into options for you.