Classic layout: kitchen and bath in the back, then three large rooms.

Jackie Greetings Jackie, Here are five real estate investing books that can be excellent guides for new investors (Yes, some have been mentioned above):"Rich Dad Poor Dad" by Robert KiyosakiWhile not solely focused on real estate, this classic lays down fundamental financial principles, including the benefits of real estate investing.

This is a Classic example of the NOT "Guaranteed Rent".

I won't tell you to not invest there, but its the classic case of knowing the micros of your market. 

@Chester WangFour replies so far, three from agents, all touting the area where they sell property as the best...classic.

In a more classic retirement plan, the focus is on compounding tax-sheltering over time to maximize growth of the retirement savings. 

Kelli, for that big picture, you might check the classic of landlording lit, a blog post I made on some great starter books (should be free at library) then to fine tune, maybe look at this site under searches like applications, screening, leases......anyone taking the plunge has my vote!

They are being re-purposed in all kinds of ways.

Texas City is a classic working class industrial area, with all the good & bad that goes along with areas like that. 

Ensure that the property is in good condition and won't require extensive repairs or renovations that could eat into your profits.In terms of Cash Flow Analysis $200k property with $1700 rent sounds promising, even though it does not follow classical 1% rule, but you should conduct a detailed cash flow analysis.