What price point would you be targeting on the purchase? 

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

But, others could be, again, making sure he has the capital available and if not, set savings targets to get there.  

MTRs have a very different clientele who are the target avatar, so going back to the OP's post. 

@Alexander Celestina are you targeting small multi-family or SFH? 

Came across the area from a co worker as an out of state investor and realized that certain areas are able to hit the 1% rental target easily.

Some worked as advertised, and some do not.

I'm particularly passionate about MTRs.Outside of real estate, I enjoy church, hiking and target shooting.Excited to learn and connect with you all!

Targeting 50% IRR.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)