My house is highest at $1k/month and has the over $1k/year for tree and bush trimming in addition to $300/month gardening that does not include the tree trimming and having a pool and large yard (just over 1 acre) with lots of hardscape (asphalt).   

The $800 number isn't far off for 70K, but that's only with a fresh remodel. 

Turn key companies at least the one's I fund do not buy property back and do not sell for others .. they will buy back but they will want to make the same profit... so they need to add in another fresh make ready or rehab.. ( their clients expect it remember its turn key)  the  cost to borrow the money from someone like me or a HML..

For my freshly renovated units I am getting between $700-$750 in "okay" neighborhoods on the city side.

Even a nice city like Corona has the Home Gardens are, which is a lot like SB, in it.I would not cross SB off, I would just be very careful when considering a property there to see if it fits your requirements as a whole.

But because Houston has no zoning laws, just 6-8 miles south of that you have very desirable housing of the Garden Oaks and Heights neighborhoods. 

If not start with your own so the PM can start fresh and set expectations from the start.

Greetings all,I recently jump started my new career as an real estate investor and I am excited yet nervous. I've always been on the investor side of my life and never been afraid to "Let Money Go". Thats what I learn...

He has a kid fresh out of college with a degree in the stuff.

Comps within a 4 block radius (freshly rehabbed) have sold or are selling in the range of $300,000 - $340,000.