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Updated about 16 years ago, 10/22/2008
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I am new to this and am in the process of educating myself before making my first purchase. I am looking for rental property to buy and hold and have the luxury of some liquid resources. I appreciate the varying advice I have read here for evaluating property. Since I am looking at options in both local areas I am familiar with and out of state options, I am trying to find a single source that will give average rents and vacancy percentages for a specific area. There are some potential opportunities in Pheonix and Houston that look good. Any advice about these markets?