My big picture view is that metros reach a 'critical mass' point where they can attract the 'right' kind of intellectual capital and human resources (workers etc) that build the base of a solid regional economy. 

It's a nice thing when it happens, but it's not a methodology upon which you can readily launch your business.If  you have an established track record and are willing to take a small slice of the pie, you could probably attract private money willing to partner with you.  

I have also thought about filling in the pool and planting grass in the courtyard to save that expense, but not sure how popular the pool is for attracting tenants.  

@Logan Allec Thanks for the input, definitely looks very attractive on paper!

If the interest rate is attractive (most are at least 6 times CD rates unless they've been bought down), and the property is worth acquiring it may be worth rolling the dice.Good Luck!

Since supply is less than demand, homes will be higher priced and more attractive to the sellers in the market.

But all in all the quality of new housing developed during that period is subpar : cheaply built and poorly designed.On the other hand, the Altbau (pre 1953 construction) inventory in the East remain significantly more attractive.

I agree with all the realtors here that for some might not be the most attractive deal, but for some looking to increase their sales.

Are town homes desirable as a rental property in Houston and is a 2 bed/2 bath an attractive combo?

Its a saturated market but approached the right way will attract business travelers year round.