Make sure the deed and mortgage are recorded properly, any liens discharged.

Houston proper typically averages between 2-2.5% of assessed valuation.  

We do use a property manager for some that are too far right now for us to deal with, but they take almost as much time and effort as the ones that I self-manage, so I'll take those over when I have the time to build the proper systems there and have time to screen the tenants myself.If I found secure investments that could substitute for the income from our rentals without the hassle of dealing with tenants, I would consider it, but it's difficult in this low-rate environment.  

I would not rely on the seller's ability to make the proper repairs and/or their timeline to get it done.When I have used seller financing to purchase a property that's all I have used it for - just to purchase the property.  

Did you leave the correct spacing between the floor and the wall so it could float properly?

Setting up an LLC Agreement properly with the help of an attorney will be a more substantial investment, but well worth it and even if you don't choose the LLC you would be well advised to have an written agreement in another form (partnership or tenant-in-common agreement).  

Refinished hardwoods, new tile in kitchen and bath, old cabinets, older functioning HVAC, insulated.

I am a computer engineer, currently working a full time job in the field.I am easy adaptable, responsible, self motivated, patient, flexible, dedicated, I believe in proper planning and management .I have the spirit to fight till the last moment with positive attitude , positive thinking to get the job done.I am new in real state, my goal is to buy/hold, flip whole selling and create passive income.

The quality of tenants can determined by properly screening potential tenants. 3.)

I just moved from California and I have a couple properties with the intention of buying more soon.  I'm looking for a CPA that's located in the city of Milwaukee.  Does anyone have any good referrals for CPAs that sp...