I did want to ask, are you looking primarily at properties on the island or the mainland side of the swing bridge?

I would try to buy parks of 25 pads or more if that's all you can swing and 50 or more if possible.  

My only true out of school activity is golf, I'm a 3 handicap so If interested, let's talk over a round. 

A friend has done great with her rental there, got top dollar and the tenant has been in place for a while - but she is on the East side of 377 near the golf course; I think that is a nicer area.Andy

One of the most important things in flipping is not necessarily knowing how to swing the hammer, but how much it should cost and how long it should take.

Hi Everyone,I have put down earnest deposit on couple of new properties in Magnolia (By Lennar) and Porter (huge golf course and lake community built by David weekly); I visited Houston and found out there are so many properties in the area currently being built by many builders.Questions:1) Can someone local and in the investment business, please tell me if I will get steady rental income?

Things to consider are whether or not you can swing that mortgage, a new mortgage and a HELOC/HELOAN payment, and what type of loan you plan to use on your new property.

There are plenty of people who invest thousands of miles away from where they live but if you can swing it, you'll probably have an easier time if you can find an area within driving distance of you to get started. 

If you can swing the time, it would get you off on a great start and provide you with some fantastic resources. 

If you could free up a bunch of equity in a single property, that could be your source of funding for getting into new deals.Moreover, real estate swings are incredibly cyclical.