Replicating my Wisconsin Business in Houston?

[Andrew W.]

Hi guys - I own mostly one up one down duplexes (plus a couple of triplexes & a quad) in and around Appleton, WI.   These are older (normally 100 years old) in urban  core areas.   I rehab them within reason, although I do like those where the main need is mostly cosmetic.  My cash on cash returns are north of 15% and I use one bank here which will lend me 80% on most anything I spot based on a phone call and a few calculations.

I have few questions and would be grateful for some ideas/guidance:

Are there decent cash on cash return markets in Houston?   

Is the landlord basically free to rehab and work on the plumbing and electric etc? 

How aggressive are lenders there (with experienced landlords/operators)?