Owner Occupied Investing in Houston Texas

[Dan Starr]

Hi everyone, @Brandon Turner's , The Book on Investing in Real Estate with No (and Low) Money Down, has got me thinking about this as a real strategy for wealth building. I am looking to move into an A neighborhood (the Heights of Houston) and do it on a deal. Build some additions even a garage apartment for rental income and add tremendous value to a home. The sales price on my target property would be around 300k price on a 5,000 square foot lot and doing my own upgrades and turning it into a home where the area has most of it listings over 600k.

Any suggestions? My only worry is that my W-2 job won't be able to let me sit on such an expensive home for very long. My goal would be to sell the home in about 15 months in the summer time when the Market is hot.