Once you can answer all these, and develop a long-term plan, pick a market that accommodates your goals as well as your budget and criteria.

It's likely been listed for over 200 days for a reason. 

I listed my home for rent and after 30+ days of reviews and home tours signed a lease on 3/30 with an individual who met my preferences for financial/credit history but could not move in until end of May.

and modified our listing to remove these offerings.thoughts anybody? 

If the property is listed on Airbnb/VRBO it will be hard to transfer reservations and that could be a huge pain if the seller is not helpful, even after closing. 

You can decrease costs by picking nice but standard finishes. 

I will not go all over town picking up cash payments as a small petite woman for security reasons and to protect my tenants interests in knowing that when they go to the bank they get certified documentation that they paid the full amount as opposed to me giving them a hand written receipt.

I'm sure F&G and MWCC have a laundry-list of ideas.  

If you increase that to 250-300k then you can definitely pick up some solid rentals around Houston. 

As a wholesaler I came across different types of list of potential leads but pre-foreclosures seemed to interest me the most.