SFH Thoughts on Finding a Property

[Robert Hsu]

Hello everyone!

I'm looking for my first investment property in the Houston area—since I live here, I'd like to keep it close. Right now, I'm torn between:

1. New Caney – Strongest cash flow (though never guaranteed), but it may have less appreciation as the years go by
2. Conroe – Likely less cash flow but better appreciation. I also like the idea of a buying new build and possibly using the builder’s loan for a lower interest rate. My thought process is that I'm not sure how easy it is to rent out as well.
3. Katy – Higher appreciation potential but near the top of my budget and may not cash flow well. However, the strong school system is a draw, as families often gravitate toward better districts

I think I'm mostly worried about the home not being able to rent out and being stuck with the mortgage for X amount of months. Just looking at Zillow and the number other rental properties in the area can be intimidating. 

Any advice or insights would be greatly appreciated!

And yes I did use chatgpt to clean it up a little :P