I was thinking maybe Houston because my boyfriend lives there and I’m there a good portion of the year as is, but I’m open to any good market.

Waterford, Houston, TX - Sponsors: Community Investment Properties, Legacy Wealth Holdings, Djuric Family Office - the claim is this is the first of their deals to lose investor money.

Versity/Crew currently has 8 active properties in distress, Tampa, Tempe, Reno, Austin, Houston, San Diego, Louisiana and Alabama.

For example in a hot area of Houston I have a 30 unit. 20 of them are in a courtyard and 10 face the street.

However, for this first property, I was mainly focused on a market I am relatively close to and knew well (Houston) and somewhere that the appreciation would probably make up for the cash flow in the long run. 

@Michael Houston  In Duluth, most rental properties that get listed on the MLS make note of an active rental license for the property.

I could also add there is often construction in central Houston and it does cause unforseen issues. 

Sharon, thanks for sharing these stats—Houston is clearly holding strong!

I used them on a rental for the rehab in Houston.

Any advice on starting out on this in the Houston or Katy market?