I made the decision to buy newer homes (less than 7 years old).I see most investors in Houston buying 20 to 30 years old houses, fixing them a bit and get better CF than on newer homes but will they not be eaten up by maintenance cost?

There's great job opportunities for me in Texas (Dallas, Austin, Houston) and Atlanta, GA, I enjoy Dallas, but can't see myself investing in property here.

The seasonal rents for that month are going to sky rocket so it might be nice to get into the market before that if at all possible.

I'm near Houston, so prices are probably comparable to Dallas, I'm guessing.

But of the Texas cities, I'd say Dallas, Houston, San Antonio are the best for cash flow.

I see them in Houston now.

And keep in mind this property is in Houston - 2% rule is RAREHere are the numbers:Potential Purchase Price: $99,000Cash to close (downpayment plus closing costs): $19,800 + $5,900 = $25,700Mortgage: $401/month = $4,812/yearIncome:$1200/month = $14,400/yearvacancy rate (10%)= $120/month = $1,440/yearnet income = $12,960Expenses:Property taxes = $1853/yearInsurance (complete guess): $1380/yearProperty management (though I plan to self manage): $1,400/yearMaintenance & repairs: $1,400/yearHOA dues: $411Total expenses: $6,524NOI = $12,960 - $6,524 = $6,436Cash flow = $6,436 - $4812 = $1624 (???)

this is George from Houston tx and have limited resources or cashfor wholesaling . have limited budget for marketing what can I doto reach sellers .

For example, if we just compared across major U.S. cities, how do the types of renters in Boston, differ from those in San Francisco, Washington, Houston, Phoenix, or New York City?

If you could find a triplex or quad in Houston that is nice enough for you to live in, your financials would be instantly be better and you'd get experience as an on-site landlord, too.