We would plan to Buy, improve, and hold the property, and in doing the renovation, would take estimated rents (based on neighborhood rent comps, craigslist, etc) from about $2400 per month (1200 per side) to around $3300 per month (1650 per month, per side), based on prevailing rents in the surrounding neighborhoods.

Cash flow is strong, but the appreciation is limited in this working class neighborhood.

In some neighborhoods rentals are frowned upon, for many of the same reasons many condo developments require owner occupancy.

I'd think most everything in your neighborhood is stick built or manufactured cans on wheels (as they call them) if they are in a park.

Theodore Rivera welcome, nice to have another fellow Houstonian among the ranks.

My cousin helped me out on farming neighbors.and finding conforming neighborhoods but the thing is hes in SA TX.

Not exactly best neighborhoods but that typically helps the cash flow.

My approach is to focus on certain neighborhoods with a stable history.

Plus, I need to get into the property and determine if I want it and we are in the neighborhood on price.I like the insurable title idea.

I have 3 guys that buy 98% of what I get and if I come across something they don't want, I use the MLS to track down the cash buyers in the neighborhood.