That is a major reason many wannabe investors make bad deals.Never make any business decision based on feelings, money has no feelings and should be the only consideration.

Not major difference from Austin, as both markets are hot.

Im a newby, but it seems quite difficult to find the 1% property in the city of Houston without having todo major repairs (I dont have those connections yet).

I am 22 and I am currently a senior at Texas A&M University majoring in construction science.

I think that the terms that you are able to get on the seller finance will probably be a major driver in the decision here.

The property needs a fair bit of work both inside and out, but nothing major (all mechanicals are within 2 years new thankfully). 

The majority of areas nearby where I live are that way as appreciation has been going up very quickly and the rent will take some time to catch up.There's 3 ways you profit off a property: cashflow from rent, equity paydown of a mortgage and appreciation.

In Boise, our City building and planning departments are pretty great to work with.  

Ok, so I got a major kick in the gut today. 

My concern is that the house is in need of major repairs.