There is such a shortage of housing, I don't think that would affect anything. I don't know how much drilling would be affected. But there is also gas (which is already low), plus production activity getting put in, plus a Valero refinery that wants to expand, plus a federal prison, plus a large recreational lake/park, plus hunting and fishing.
So there is a lot of "core" demand for nice housing versus a Man Camp or RV Park. And, my intended 60 units isn't a drop in the bucket, relatively speaking. Plus, I will have, at a minimum term, one-year Master Leases with companies, not individuals.
There is a risk in everything...but this is about the surest "sure thing" I have ever seen. (And hope those aren't my famous last words... :)
They will be a bit like these... These apartments are opening within 2-3 weeks and lease for either $129 a night, or $3,270 a month. They are 450-ft, one bedroom. Fully booked.
eaglesdensuites.com 
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