Suburban development (Frisco, Allen, Dallas central cores) offers immense opportunity, but flipping and STRs demand careful navigation of local regulation and competition.STR potential is vast given tourism, entertainment, tech influx, and well-defined submarkets.Flips require precision timing and strong local comps—especially where mega developments create localized demand spikes.McKinney offers high-growth dynamics with strong lifestyle appeal:Perfect for premium Airbnb experiences (surf park, resort, walkable mixed-use).Flips are higher cost but promising in newly densifying districts.New Braunfels is nuanced:Great for flips in scenic or tourism-focused pockets.STR opportunities limited by regulation—best approached through commercial or SUP-approved zones.

., net-7 on verified milestones) in exchange for pricing and priority.Test small jobs first; promote trades to your A-list only after on-time, on-budget performance twice.Standardize to reduce wasteCreate repeatable finish schedules (same trim profile, faucet line, paint palette) so crews work faster and leftovers are reusable.Pre-kit jobs: one delivery per room (box includes all hardware, fixtures, and consumables).Contracting disciplineUse fixed-scope, milestone-based contracts with:Progress draws tied to inspections/photosNo deposit or minimal mobilizationLien waivers at each drawDaily liquidated damages for missed deadlines (after grace period)Written change order policy with price + time impact before work proceeds2) Time: Move Faster to Reduce Carry and RiskFront-load planningWalk the property with all key trades before closing; finalize scope, bids, and schedule ahead of day 1.Pull permits early; choose scopes that avoid structural or major MEP reroutes when timelines matter.Sequencing & overlapSchedule parallel workstreams (e.g., exterior/landscaping while interior demo proceeds).Use a Gantt chart (even a simple spreadsheet) to track trade start/finish, dependencies, and buffers.Daily control15-minute stand-up with GC or project lead each morning (photos + punch list).Two inspections/week: one quality, one progress vs. schedule.Keep critical spares on hand (breakers, valves, GFCIs, common trim, extra boxes of flooring).Tech + templatesSimple tools (Google Drive + shared photo folders, or apps like Buildertrend/Jobber) for scope sheets, punch lists, and photo proof.Use QR codes in rooms linking to the finish schedule for fewer “what goes here?”

Would love to connect with others who are active here and exchange insights on what’s working.— Seth

Feel free to connect if you’d like to exchange ideas and keep building together

Let’s stay connected—always down to collaborate or exchange market insights!

And gain is determined by the difference between the adjusted cost basis and your net sales price.If you do not do a 1031 exchange then your suspended losses will have an impact on the gain from that sale. 

That depends on the exchange.

All-in basis: ~$65,000Estimated retail value: ~$110,000Rented for ~$1,000/month for two yearsTenant eventually purchased at a price we were happy withProceeds were rolled into a better property via 1031 exchange Lessons learned?

Happy to exchange insights and explore potential collaborations!

Tax tools like depreciation and 1031 exchanges improve after-tax results.