How's the Houston market from an investor's perspective?

What kind of returns are you looking for from a cash flow perspective, ROI, etc...

My HVAC guy said it would take some money to service to just test it and see if it works- so I figured we may as well just get a new one at this point and have a fresh start.

Medellin has ran its course.Myanmar is prime for growth as well as Vietnam.South Africa is great because of the Rand's devaluation.Parts of Africa provide interesting promise.Greece and Spain also are interesting.It's still RE, so it's slow moving, but much more information is out there because you have to look view it from macro then micro perspective.

@Doug Merriott - Thanks Doug, I have looked into Tampa as well, and had noticed from a job perspective they seem to be one of the better cities I have looked at.

It has fresh paint and new appliances.

Truthfully I had some medical bills back when I was 18 and fresh on my own that took a little longer for me to pay off then should have, and required a little harassment to get me to start paying, but that was before I made the realization that you can't get anywhere in life with bad credit.

That may be accurate purely from a recent cash outflow perspective, but additionally you need to accrue an estimate for the lumpy vacancy, repair and capex expenses that are inevitable in the long run.  

Since you say you’re not worrying too much on looks, it may even be best to pick some free theme WordPress suggests on a fresh install and going with that flow.

And for a historical perspective, from people (and me) who saw it happen in real time, you can search through BP for posts like this one that describes what I (as one investor) experienced it at the time.