I am going to kind of disagree with what is being said hereIf I were you I wouldn't even consider getting a real estate license because having a real estate license doesn't make getting real estate deal any easier, it will cost you money and your liability goes way up compared to being a regular investor.You don't need to learn anything more!

I"m also using the county assessor site to get assessment price from there and compared to those prices.

Compared to getting something unexpectedly which creates a memorable moment.

For a quick back of the envelope figure out the NOI from proposed lease and expenses then divide by prevailing cap rate for comparable properties.

-Is there a rule of thumb for pricing single family homes compared to apartment complexes in the same area?

I intend to have it professionally inspected but at this point, all it appears to require is paint and flooring in the kitchen.This property will be my first rental and according to a rentrange.com analysis, rents run from $800 - $925 for comparable prooerties.

A couple things from my perspective: TX is a very low barrier to development state especially compared to CA and even the geography is wide open so the danger is that developers will just move a mile down the road and build new product to compete with yours if good employment is headed that way.

We have been dealing with 1 mortgage officer but the rates are not adding up compared to other rates we have found.

If not, you would have to assess the costs of running a gas line plus the unit compared to sticking with an electric range.

if you have hundreds of good posts you are taken much ,more seriously.It is good to interact but your first few posts giving testimonials just lack the reliability of long term posters.