I cooked up the idea while on the phone with someone trying to put a wonky deal together.

Cook a mean meal for the wife that isn't burnt. 

I'm James Cook Realtor in Northwest Houston.

You can reach me at my email or you can simply post in the forums here.

So I had this 4 unit SFH deal I'm working up north, the owner could not meet me at the units due to his work schedule this week, so he had a friend meet me there.The friend showed me around, but after we wrapped up the 4th unit he keep driving around and showing other units that I never had knowledge of... 

This doesn't surprise me at all - multifamily cap rates are so low and the number of units coming online that if I was holding apartments I'd probably sell too. 

Nice guy, everything seems legitimate with them, but I couldn't figure out why they'd leave meat on the bone for me.

I ran the numbers, and it really doesn't work for me at any higher a price than $125,000 (or whatever number works for you.)

If you want to know more about it you can call me at 584-4191 during normal business hours.

Our criteria needs/wants is <$2300 rent not including utilities, 900+ sqft, 2BR, on-site laundry, 1 off-street parking spot (2 preferably), kitchen for someone who cooks a lot and somewhere that doesn't have a ton of noise pollution like next to a heavily traveled road, train line, or the place shaking because a passing airplane, train or flushing of the neighbors toilet.