@Isaiah WilliamsTo break out floor tile, I use a hammer, cold chisel, a prybar, sometimes a stiff putty knife with a hammer back (the new Purdy stiff knives are great for this).Break the tile with the chisel in the middle of the tile, chip out toward the edge.

I'd also demand co-signers (parents, most likely), in case things go south you'll have someone with money who is collectible.2) There must be a plan for common area upkeep - kitchen and bathrooms get dirty fast.3) Competition around schools where I'm at is stiff.

., competition is stiff.

Both were purchased at a price that I can (or already have) made money at, but the competition at Harris Co. is really stiff - I've heard more so than Fort Bend but I'll let someone w/ experience in both confirm. 

Nigel's right: there's a lot of stiff competition, but if you keep at it you can do quite well.  

@Christopher FosterYou may consider going to wholesalers but keep in mind competition is stiff as well and a non-refundable EM is required in most instances.

In addition, for the ones that do make it to the market, owner-occupants face stiff competition from the plethora of investors in the NYC area. 

I too live in a highevpeiced market and do quite well, even considering the stiff competition.

EVERY state either strictly forbids landlord self-help (with stiff civil penalties or criminal charges) or permits LIMITED self-help under VERY LIMITED circumstances.I'm also a practicing lawyer (in Texas) that focuses on real estate and investors. 

I would say the competition is stiff to say the least.