It makes a difference from a tax perspective.I agree you seem to be going in the right direction with your analyzing.

I cannot speak directly to the Houston market as I am primarily focused in NH and MA, but I figured I'd share some insights and thoughts I have based on what you've said.First, you do not have to be handy to successfully complete a fix-and-flip, AND, you don't initially have to have any contract contacts.

I’ve done a good amount of research for a week straight, wanted to know if anyone can point me in the right direction of how to successfully start this journey.

I want to send yellow letters, printed mail and postcards(for Non owner occupied), then do some door knocking and cold calling.BUT I have a few questions before I start this process.....

The overwhelming response is that they would skip SFH rentals or flipping and go directly into MF and think bigger. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

This is more confirmation that I'm headed in the right direction.

Hey guys my name is Adrian, and I was driving for dollars and found a couple abandoned home, but I can’t find any useful information on the owner like current address, or number, e-mail on the county records.

Also, they only do eviction and Bankruptcy searches for Maine, not for the other states.Because of this, I signed up with Rentec Direct, which allows me to see the actual credit report. 

In my area of the country, if you can give more value for money than an absentee landlord mailing it in or a faceless management company rapaciously intent on maximizing their profit per unit, you're never going to go broke with rentals in the $700-$1100 range, good economy, bad economy, whatever.