Still, slow for Waikiki means the condos are booked 25 days and not 30.Busiest times (as you can imagine!)

With a flip it's going to be tight as well I imagine (My spreadsheets aren't set up for that). 147k total cost for $1200 in rent leaves a small margin for renting. 147k total cost and 185k arv leaves really small margin for flipping as well.correct me if I'm missing something.

@Giovanna Owen, Imagine driving from the outskirts of Portland through Sandy and down to Madras or Redmond.

Negative interest rates are a "hail Mary" way to force people to take money out of savings and/or take on (cheap) debt and pour it into the economy to spur growth.

If I had been interested in REI back then, I imagine it would have also been a great opportunity to get paid by somebody else to drive for dollars. 

Imagine that you were paying someone else to do the work you will do.

I'm excited to be in a local market when it appears that prices aren't crazily high and, judging by the new place I've rented the rental prices are quite high compared to the buying price (when comparing to London or Australia of course) so there should be some decent yields out there.I'm new to property in general also so have been blitzing through some podcasts and books and hope to have better knowledge by the time my credit rating has a chance to build over a year or so.In addition to the above education it would great to get some Houston specific information so if anyone can share some good links for reading up, any charts/graphs of historic house prices, area guide links, work out if prices/yields here are currently perceived to be high/low or anything in general you feel would be a help.Differences for me coming from the UK would be that public transport links are very important when deciding where to invest, where as here it doesn't seem to have much relevance as everyone drives but I imagine other fundamentals like Jobs, schools, shops, non-flood areas are still as important.

However I can not imagine it takes that kind of money to open for example a local sandwich or ice cream shop in a city where rent would be say $2500 - $4000 on average for prime locations, in my size requiremnts. 

I imagine that the three of you had some vision of what each of you were planning on doing individually in the venture - write down what those were. 

@Brie Schmidt I have a one year old, so the pain of child birth is fresh in my mind, hard to imagine something worse haha...