Plus, there are tons of laws that are on the books because some organization greased some politician to stifle competition that just plain piss me off.I don't think you'd get in any trouble putting a "we buy" sign on your own fence.

My baby is sick.

I do not have schooling or a career that pays good I'm stuck making $9-$12 / hour jobs & im sick of living this up and down life style, when i finally get my cars paid off and getting ahead i get knocked down and have to sell them to make it then i lose everything i worked for.

It's really important to run your business with an ironclad lease, rules and standards however... the human factor is also something you should take into consideration as well as compassion and just plain 'doing the right thing' regardless of what is written in the lease - in the end you want to make your money, the right way without causing others hardships if you can and be seen as a respectful landlord/investor which helps the community. 

I could sit here and argue that by spending a few extra dollars on quality finishes helps sell my house faster too as you argue plain and cheaper sells faster (which in my area, I would make more each and every time against your strategy).You also posted this: "You can always sell them a full blown rehab after they purchase the house, the way THEY like it.

You may want to check for flood plain issues and possibly have a phase 1 environmental study as well.

Eventually if you call enough folks, you'll find a property owner sick of owning the multi-family and may even be interested in financing it for you (with the house as the secured collateral).  

I believe that a fair majority of these areas are above the flood plain, but if someone has an idea where to find this info, I'd be grateful.

Is it in a flood plain?

Looking at a property in east Houston, in a small area (say 1 square mile, but is outside a flood plain), where out of 13 Zillow listings, 7 are listed as foreclosure or auction.