We have several neighborhoods in the Houston area that are being re-vitalized.

You want to be at the high end of the range in your neighborhood.

Any particular neighborhoods with good cash-flow properties, quality people, and good management companies to run the buildings?

* Retail/Office Buildings – Designed for retail or office sales and display, this category includes stand-alone buildings such as offices, supermarkets, convenience stores, drug stores, department stores, bakeries, and beauty shops – as well as strip centers, and neighborhood and community shopping centers

What is the neighborhood like?

A couple that are friends of my wife are doing a full rehab, down to the real 2" X 4" 2 x 4s, many homes in that neighborhood have "historical" plaques in the yards.

What are comps on similar properties in the same neighborhood?

If the job market here stays strong over the next two to three years Austin/suburbs should finally see some decent appreciation.Some of the neighborhoods I "fish" in have seen quite a few sales to Californians so while 1/3 may be strong there is definitely some evidence that the speculators have arrived.

I direct traffic from my Craig's list ads to a website that i host myself -- there I post multiple photos of the outside of the property, a detailed description of the property and neighborhood (including shops, restaurants, etc. within walking distance), photos of the interior and a floorplan.

the neighborhood new construction of similar type is selling for 6 to 800,000 on split-up and originally small lots.