Also look at new developments that are up-and-coming.In Houston I like being within or near 610:East End (by Gus Wortham Golf Course), Garden Oaks/Independence Heights (northwest of 610), Spring Branch are three solid areas that are up-and-coming and still have opportunities.3rd ward, 5th ward, Northside Village, and South Side are hot investment areas, but I think the tenant base isn't as strong-- if you can weather the storm for 5 years, these could be big upside though.I think West along Westheimer and Southwest past Bellaire are somewhere in between.The drawback of being in Harris county is that:1.

On the OPEX side depending on the property type I would add costs like lawncare/gardener, snow removal, pool cleaner.

I repaired a few things, painted it, changed out the railing, cleaned up the garden, and hired someone to put a mural on the retaining wall.

Particularly north of Spring Garden St?

Purchase price: $19,750,000 Cash invested: $5,925,000 Sale price: $35,500,000Ashton Oaks is a 168-unit garden-style community built in 1987 and is situated on 6.78 acres with 129,924 SF of net rentable area.

Almost half the size of the greenville one, BUT much nicer area, closeby to lightrail and BRICK. no parking though... needs a little renovation in the second floor kitchen and painting, but overall turnkey also.has washer dryer. backyard garden and shed.returns are somewhat similar although if i am realistic can squeeze out quite a lot from the west new york one. not so sure about the greenville one. 

Don’t buy in the district of the worst school, look for low maintenance qualities that will attract applicants (dishwasher, laundry in the house, hardwood floors, garden, open floor plan), try to stay close to transit, schools, and services.

@Daniel Shchyokin if you can door knock I'd target the area between Walker and Spring Garden. 

@Matt Nico and @Ruben Correa I have been investigating Orlando in general and outlying towns like Winter Garden.

The Wealthy Gardener is another good one and like Rich Dad it also has a story.