Carefully review loan rate terms and calculate "worst case" numbers should treasury interest rates rapidly increase and home value drop 20-50%.

The city is growing rapidly with the influx of people moving here, especially from California.

There are some markets (a lot in the northeast) where initial cash flow is minimal or non-existent but the historic rate of appreciation in those areas are a lot higher so both rent and property value increases rapidly.

Their escalation of values was not as rapid or high as the hot neighborhoods.

@Dean H.Mini Splits are an awesome option, and are rapidly becoming more and more popular.

The area is rapidly growing with the support of government and investment funding.

I have been investing in real estate bit slow but this year looking to expand rapidly. 

Japan is ageing rapidly so we're very much aware that there's no capital gain here.

Good to hear from you, and glad to already hear from Houston :) As far as Magnolia, I think it is a market that has a lot of potential, especially considering the rapid growth in the North part of Houston.

I appreciate the input :] Next time, go through Security Title, and tell them up front that you want an open title because you will be doing a rapid re-close.