Houston Rehab Projects

[Cal Ewing]

I am just wondering how other BP members feel about committing to a buy, fix and sell strategy right now in Houston with oil prices as low as they are? Do you feel that there is a significant risk of property values dropping while you are in the middle of a flip thus depleting profits and potentially resulting in a loss?

Also wondering if other Texas cites like Dallas-Fort Worth or San Antonio that aren't so strongly tied to the oil and gas market might be a safer bet?