My 9to5 is with a Fortune 500 company located in San Antonio, Texas.

Waggoner Ranch is located 13 miles south of Vernon, Texas with office headquarters in Vernon.

That is conservative in better locations, but I prefer to be happily surprised by my repairs rather than subsidizing my properties!   

Hello Everyone, looking forward to learn a lot on REI from this community and expand my network in Puerto Rico and continental US. Interested in wholesaling, flipping homes both in the Island and US.As a newbie REI ad...

I have a property in mind, located in Houston TX that's yields a good profit.

What location would you be looking at then?

Once you get the first deal under your belt continue going and don't get lazy after the first deal some people will after they get that fat check of $2,000 or $15,000 check.

Buy at a great price + location + good numbersRentals don't have to be rocket science.Figure rental rate based on like kind rented properties near by.Subtract: taxes, insurance, repair % (7.5%, but varies based on prop condition), vacancy (2 months), capex (5%, but varies based on prop condition/age), pm if using (8-10%).

I'm looking at a deal that is in an A or maybe even A+ area, and wonder if it needs to be stressed to a greater degree than the usual C class deals, or stressed less because its such a good location.  

The house is located in Phoenix metro.