@Michael Le, @Michael Niemeier, @Bill F.According to the Greater Houston Partnership, despite a negative 10,000 in domestic population in Houston in 2017 (mainly due to oil/gas job losses), there was a positive 43,000 international and a net positive 33,000.

Here is the quick pros and cons on both.Gloucester: Pros -  Good tenant pool, strong schools, most houses have public utilities, consider the more desirable area of Sicklerville by the local populationCons - higher taxes, pulling permits takes the full ~21 days, higher home prices, overall thinner marginsWinslow:Pros - Lower cost houses, rental friendly township, strong demand for rentals, slowly up & coming in certain neighborhoods, lower taxes, overall fatter marginsCons - Lots of C and D neighborhoods and lackluster tenant pools, poor schools, the more east you get the more well/oil/septic you find, considered less desirable area of Sicklerville by the local populationBy the numbers both GC and WT have similar rent rolls only off by $100 to $200 depending on the house type, therefore Winslow you will net more but have a slightly riskier houseAgain this is just a general view, you'll want to look at each sub-division as there are massive swings within each twp (Ex: Brittany Woods compared to Cobblestone in GC)

@Dimple Khurana there are also other factors outside of liens that could be problematic if you're bidding sight unseen such as a leaking oil tank, foundation issues, etc

Afterwards, I worked down in Houston until I completed a Leadership Rotational Program in the Oil and Gas Industry.With my family living back in Oklahoma City, some even working in the real estate space, I have worked to build out my knowledge of the real estate market there.

Electric baseboard costs about 90% more than oil to heat a home(this depends on electric rates and oil prices.

After the vacancy is filled, that would add another $1,000 / month.The property is generally in good condition with some upside for appreciation and there are some changes I was thinking about to increase the value, I.e. converting from oil to electric and have the tenants in the residential property pay their own utilities.

Oh, unless your in oil country and the price drops to $20/barrel! 

I'm trying to rent my 2nd floor in my owner/occupy, but I'm running into some resistance on my heat utilities as I have oil heat/hot water.Currently I am including water/sewage but tenant would pay electric/heat/hot water. 

usually they will guide you.if you have a contract signed and are in attorney review, you should have all the contingencies outlined. you should do an oil tank sweep. that costs under $300. if there is an underground oil tank that was not properly decommissioned with permits, RUN AWAY!! 

However we have clients who have tax liens, gas and oil rights, llamas, trees, etc. think of working within an investment group or real estate group to gain knowledge and experience.