The actual cost just to maintain the RE license in Texas is $1,000.00 minimum, which is including your Local Association Membership fee (mine is HAR and it costs me $439.00/yearly), MLS fee, Supra fees, Continue Education fees.

Houston Real Estate Highlights in September: Single-family home sales staged an impressive post-Hurricane Harvey rebound, rising 4.2 percent year-over-year with 6,913 units sold;On a year-to-date basis, single-family home sales remain 2.3 percent ahead of the 2016 volume, despite Harvey’s effect on Houston housing;Total property sales rose 3.4 percent with 8,150 units sold;Total dollar volume jumped 10.2 percent to $2.3 billion;At $232,000, the single-family home median price rose 5.5 percent, achieving a September high;The single-family home average price increased 5.4 percent to $291,767, also a record high for a September;Single-family homes months of inventory rose year-over-year from a 3.9-months supply to 4.1 months, but that is below the healthier 4.4-months supply that prevailed during the two months leading up to Harvey;Townhome/condominium sales fell 5.8 percent, with the average price up 3.5 percent to $208,215 and the median price up 8.4 percent to $159,950;Leases of single-family homes shot up an unprecedented 83.6 percent with average rent up 7.9 percent to $1,886;Volume of townhome/condominium leases surged 92.2 percent with average rent up 5.4 percent to $1,601.HAR continues to encourage anyone who has housing available for temporary occupancy (up to 12 weeks) to please post it on our Harvey Temporary Housing page as soon as possible at www.har.com/temporaryhousing to provide housing to those in need.http://www.har.com/content/newsroom/

In fact, look up the HAR listings for the past 8 days in the energy corridor and 8 new completely renovated previously flooded homes are being foreclosed.

Here are some ideas on NOTHING DOWN transactions:Control and roll formula - settlement is within 7 weeks - the deal is all cash - "as is" with no out contingencies with the buyer paying all transfer cost.Friendly Joint Venture - Raise investment capital by harnessing the power of numbers.

I have one of my properties free and clear and this would be a great way to harness some of that equity.  

Just what you can do by browsing HAR on your own.

@Ben Unger the data reported on HAR is from listings on HAR.

That being said, if you were just looking to analyze a deal, the larger pocket of properties seems to be hovering between 5-5.5% Cap.

Find some wholesalers or put a search criteria in HAR

m=6&y=17&utm_source=HAR%2FMLS+Master+List&utm_campaign=45fa61a732-January+2017+MLS+Release&utm_medium=email&utm_term=0_5c0a7c027d-45fa61a732-252424337Houston Real Estate Highlights in May: Single-family home sales rose 11.5 percent year-over-year with 8,156 units sold;Total property sales increased 12.3 percent with 9,744 units sold;Total dollar volume jumped 17.4 percent to $2.8 billion;The single-family home median price rose 4.4 percent to a record high of $235,000;The single-family home average price climbed 4.3 percent to $302,362, which was the second highest level of all time (highest was $302,629 in June 2015);Single-family homes months of inventory grew to a 4.1-months supply, the highest level since November 2012;Townhome/condominium sales surged 16.5 percent, with the average price up 3.1 percent to $206,363 and the median price up 0.9 percent to $163,500;Leases of single-family homes soared 31.0 percent with average rent down 4.2 percent to $1,779;Volume of townhome/condominium leases rocketed 46.2 percent with average rent down 6.7 percent to $1,565.