What are some cities and neighborhoods we should consider for both good appreciation and modest to high cash flow?

CoStar reports the property to be 52.7% vacant, but keep in mind that this data is often inaccurate (but not enough to make a difference with vacancy that high).Figuring this set of facts spelled trouble, I went to the Harris County Recorder's grantor/grantee index and found a foreclosure deed. 

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

Consider factors like flight convenience, property management options, and your comfort level with the local market conditions.

Hi everyone, I'm planning to set up a revocable living trust.

So you need to remember that there are about 4- 6 big box lenders that fund most of the Hard Money loans and then you have thousands of brokers selling their products and lots of times someone thinks they are dealing with a lender but they are not, they are dealing with a broker who has a lending sounding name and this broker is set up with an account at a few different lenders. 

Have you considered doing a "subject-to" deal where you take over their loan?

While inventory is tight now, there will be a tsunami of houses and apartments set to hit the market in the next 6--12 months.  

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

If you're new to property auctions, you might also consider consulting with a real estate agent or attorney experienced in auctions to guide you through the process.