But the trend is so many big businesses are choosing not to have retail restate estate.

If you have fair credit, verifiable rental history and consistent income you can easily secure FHA financing in Houston and the inner city is the ideal place to house hack because of it's proximity to all the cool and trendy places downtown along with the major universities and Med Center.

In my experience as a contractor the trend is restoration of old homes with the addition of modern amenities is what more affluent people are wanting.

Rent goes up and down, but the general trend is up, along with inflation.

One trend is to buy a single family and do air bnb for each bedroom.

I'm a little concerned about the future when Foster is reduced, but like others have pointed out in other forums, that really helped spur growth in other trendy areas. 

I agree with @Caleb Heimsoth, millennials are drawn to trendy cities with vibrant cultures. 

You will definitely not find anything turnkey for a reasonable price there, because these are very trendy areas and people will overpay to live in them.

But don't speculate unless you are dead sure that the trend is up, up, and up.

If tile is acceptable, I would put a trendy, wood look a like tile in.