Galveston / Crystal beach rental income for newbie

[Michael Yeo]

Good morning.  I will try to keep this to the point as much as possible and not blabber away like a teenager.  My name is Michael and I currently live in Rockwall TX.  It is time for my family and I to seek out new career and income, and owning a / or a few rental properties had always been at the back of my mind (be your own boss mentality).  So, with that in mind, I am here seeking advice / comments / suggestions on owning and renting out properties in this location.  I am aware that this will take a couple of years to flourish and become a main income maker, so keep the day job at the mean time.

I had not seen any new discussion about Galveston, so I figure I will start one.  

How are the prices right now as far as a house or a condo?

What are the pro / con when looking at a house and a condo?

Is it possible to pay a company to manage the house if I do not live close to Galveston?  How does that cut into the income?

East or west Galveston?  

I know there are so many other questions like insurance, location, type of dwelling, turn key or build from scratch, that i personally need to go down there and sit down with you guys, but for now, lets get that ball rolling.

I appreciate all input.  

Michael