I worked at hospital diagonally across street so very convenient and at the time this 2bed 1bath was all I needed.

Great finds and nice to have multiple homes on the same street! 

When you put in the COMPLETE math there is no comparison between real estate and wall street, real estate blows the doors off wall street every time. 

Check around the north central area, around Jason and Dwan streets.

@Brandon Williams "Lower" to the street level? 

They changed the zoning map to make every side street RS-3 so these developers are just taking 2-4 units in non-conforming status and by right making it a SFH. 

It is across the street from a park in a family community and we made a difference in that community.  

It was all good and my house was showing up top in the list.Today on the same street two more houses came up for rental now.

houston is probably similar pricing to Columbus Ohio but way worse zoning laws. we take 20% on top as a GC and a guaranteed fee agreement. our contracted new construction projects recently:Single family new build spec home: 1513 square feet with 3 beds 2.5 baths 1 car attached $275000 approx $182 a square foot if calculated using heated square feet which means our cost is $145 a square foot. 3 unit / triplex new construction: 2008 square feet 2 bedrooms 1 bath per unit or total 6 bedrooms 3 bathrooms with 3 off street parking spaces. contracted build cost $395,000. no garage on this and better economies of scale with shared roof, slab, etc. $192 a square foot hard cost with our cost running approximately $157 a square foot. 

Larger lenders might bundle their loans and sell them en masse to a Wall Street hedge fund, bank, or insurance company.Those who like to label themselves as “note investors,” as you did, typically buy defaulted or non-performing notes.