We're in the midst of our due diligence on some land that includes Wetlands on the upper Texas Coast near Galveston, TX. 

If they don't do that then we will pay the bill, charge it back to them plus $50-$75 per bill.7-Owner appears to also absorbing tenants credit check fee***This isn't' good business, but on a 9 unit wouldn't be a deal breaker.  8-Unallocated Prepay is being counted as income ( not sure what the owner is referring to)***I would go out on a limb and say that it is probably last month's rent and that is why it is unallocated.

Got a call from manager last night that upper unit tenant "Had a fire"........Local issue that started in living room(Story I got is tenant left a heater near an outlet by radiator, heater overheated and started burning). 

Otherwise many people buy fixer uppers and add value by renovating the property.

I am an economics professor and I am developing an upper-level college course on Real Estate Economics.

(Ideally a good suburbs area, that targets the average to upper middle class demographic) and close to the downtown houstonAnd what areas in houston to avoid?

I have a job that provides me a good salary and I want to invest my spare time building wealth through real estate.I want my first property to be near my home on the Upper West Side of Manhattan or my summer home on Shelter Island on the east end of Long Island.I’ve drilled deep on Ridgewood Queens.

There is a handy search bar in the upper right that makes it easy to find previous discussions, blogs, podcasts, and other resources.

.* Get a realtor to put you on daily auto-emails of properties listed at Price/sq ft 70% or less than area average price/sq ft and/or with motivated sellers keywords like motivated, TLC, invest, potential, opportunity, bring all offers, short sale, as-is, seller financing, owner carry, desperate, must sell, fixer upper, handyman, rehab, repairs, problems, issues, foreclosure, REO, bank owned, distressed, probate, death, estate, etc.* REO lists (BP has one, HUD has one).

Just appraised for $47K, but the market is heating up so I easily foresee it going up to the upper 50's-60's!