Being very close to the university will always attract new renters. definitely a red flag as to why the rents are so low compared to the market rents in the area. after your due diligence and everything has checked out you can definitely start increasing rents to meet the market rents for this area. like you said business is businessI specialize in investment financing. if you're looking for a lender for this purchase or later down the road for a Cash out refinance message me.

I was pretty good at it, but the ROI in real estate is just as attractive, if not better.

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

I would make sure to find a location where public transportation is readily accessible since many tourists want to get to downtown.

The lot is very attractive but the home is in total disrepair.

Needs some work, dated bathroom, very plain)   I am hoping my new LVP wood flooring, high definition laminate counter tops, new vanities, fresh paint, and more attractive exterior bring me higher rent.We are currently rehabbing with the help of a skilled worker from a big contracting company taking us on as a side job.  

Likely to attract the lower paid workers from this employer as primary rental crowd.

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.

@Raymond Anderson I think the taxes are so out of whack and high and the type of tenant you will attract deters a lot of folks from investing there.

They have chosen their path based on their skills and strenght, not the other way around.Just follow your gut and you will find that you will feel more attracted to some parts of REI than others.