These homes range between $85-120 in the Houston area.

$150,000 is a good price range, but by learning your market, you will have a better understanding of what a $150,000 price means in terms of the quality of property you can buy.

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If you try going through Sears for example, they'll send a sales rep out and start pitching $100+ psf products when what you're looking for should be in the $40-$50 psf range on the low end.

Estimated sales prices range from $105k-$125k from various realtors (all realtors who have price opinion are out of market except one local guy)Comps in the neighborhood are too old to use (only one house has sold since 2010).

I stumbled across biggerpockets forum while doing some research on real estate investment, and was very impressed with the wide range of professionals engaged in conversation.

These searches range anywhere from between $50-$100.

What's on the market right now in this range?

Homes that are currently selling for low to mid $50k range were mid $40k range.

Ideally I'm looking in the price range of $150k ARV and less because of my current financial abilities until I get better established.ThanksDave