Great questions – and I love that you're fired up about finding distressed apartment deals!

I have a few resource around the Katy, TX area already, but only a handful in the heart of the Houston market.Would be happy to hop on a call sometime and connect. 

I am not going to rent a nice house to four 19-year-olds working at McDonalds because it's absolutely foolish, but I will put two of them in an apartment and give them a chance to earn a reputation.

We have now been in Houston for 10 years. 

If you are concerned with the types  of prospective tenants  who may do a drive by to check out the place as a first step of their apartment search you have a real estate problem my friend,  not a leasing issue.

I am also a part of Bill Faeth's Inner Circle as of this year and have gained a ton of insight of things we can do to run our business more efficiently. 

Its about setting yourself apart imo. 

I'm in the Houston area and looking to list my property as a midterm rental before going the traditional lease route.

Affordability is about 1:3So yeah on the surface it looks like a big difference, but there's a lot of things not controlled for in the stats- There were a crazy amount of houses built in the years just after the war, so housing stock was easy to come by everywhere;- Homes had nowhere near the kind of features they have now - 2 car garages, dishwashers, OTC microwaves, W/D hookups, high efficiency windows, central heat & air conditioning, etc - all those doodads and niceties drive up the cost of housing;- Fewer mortgages were 30 year, so homeowners had to pay (relatively) higher monthly payments;- Rentals were almost exclusively apartments, so there was more supply for buyers;ETCI think these things tend to be more stories that make for good press but aren't really that grounded in reality overall.

8/14 update: Steven Yoak is not a part of this initial post: he has been instrumental and amazing since I’ve started working with him.