Think of it like buying an existing performing business.

In Houston, you can either invest locally or explore strong Texas markets like San Antonio (affordable duplexes, strong job market), DFW suburbs (duplex-friendly zoning, growing economy), or Houston suburbs (Spring, Cypress, The Woodlands for good schools and tenant demand).

Is there anyone in your local market you could take out to lunch who does flips?

Otherwise, if you know any local realtors they can also help see what market rents look like in the area.

Doable if you lean on local boots-on-the-ground (realtors, PMs) and avoid another Cahokia overprice trap.

Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.

The management companies & local investors usually lease places up within 1-2 weeks max (depending on if you want to hold out of higher rents) How would you think about leasing these out? 

You will get a ton more business, and their fees are easy to make up for...

(Hint - go on VRBO and see what your local competition is charging). 2) How much do you intend to put down?

Build your network by joining local real estate investor meetups or online communities like BiggerPockets.