. :) This setup will lack economic substance, because his son does NOT have the money.

Yes, in my opinion Katy offers a good investment opportunity for a long-term buy and hold strategy driven by multiple factors, highly-rated school district, economic factors, westward expansion of the Houston metro area, etc...

Diverse industries - Finance, airlines, oil & gas, etcLimited geographic barriers to new development & economic successLarge institutional investment across MF, retail, office and industrial.

Diverse industries - Finance, airlines, oil & gas, etcLimited geographic barriers to new development & economic successLarge institutional investment across MF, retail, office and industrial.

Oddly, the residential cost of electricity in Vegas and other western desert metro areas is comparatively low ... which makes adding onsite solar a comparatively weaker economic option. 

Also, there were too many interior walls to make mini-splits the economical choice - we would have needed 3-4 interior heads. 

Others have such outlandish requirements (mound systems) that it is not economical to construct them for something like a trailer park.

Most economic theory dictates when this occurs, prices will fall. 

Most of the basic plans they offer require a 12 month contract, or early termination fee (high enough that it would not be economical to do for multiple houses a year).

Every situation is different and if yo want to go to college I'd say don't get a real estate degree, look into another topic/degree because you can learn other things like finance, economics, accounting, engineering, etc. which all can be applied to real estate and many other fields.