A couple weeks ago I ran an add for 26 hours and pulled it.

@Conrad Scoville Great points on going the for-profit route instead of non-profit. 

I definitely have a lot to think on going forward.

The most recent article I found said that they still plan on going through with the massive mixed commercial/residential project that is supposed to piggyback off of the city’s train station revitalization.

The most recent article I found said that they still plan on going through with the massive mixed commercial/residential project that is supposed to piggyback off of the city’s train station revitalization.

The house fails the 1% rule (median rent about $1,700 on a $245k property), however, it would cash flow about $400 / month if I do my own property management when I ran the numbers with a 3.5% down payment.

It's an event of serendipity for me since just yesterday, I was researching an app called InsideMaps because I ran across a job ad in Houston for new photographers who wanted to learn this tool and provide their company with the photos.

How much higher do you typically want the rent to be over your mortgage payment,taxes etc or is it typical for the rent not to cover taxes, ongoing repairs and maintenance early out? 

I ran a heat duct into the room through the crawl space.

@Jonathan Giglio I ran into similar problems regarding multi-family in St Louis.