Does anyone know any good real estate agents who also invest in the North Houston, Spring, The Woodlands, or Conroe area?.

Moving into apartment complexes.Norcross, Ga - 2 bed/1.5 bath - 950 market rent, tenant paying 850/month (handy man discount) Asking 84KSuwanee, Ga 4 bed/2.5bath - 1898/month (tenant paid one year in advance)  $280KSandy Springs, Ga 3 bed/2.5 bath town home - 3 rooms occupied at 750/each

That said, with the limited information you've given, there is still probably some meat on the bone.I can't do accurate math for you because a lot of it is very case by case, but major expenditures you should add in are vacancy, roof, HVAC, property management, and any concessions you give tenants such as free water, cable, yard maintenance, etc.

Not sit around and paint with water colors or join your local golf course, but then again, you can if you want. 

You have to know what your are going to do for water and sewer.

Second, I was concerned that they would move out and take the oven/water softener/light fixtures etc. with them and say 'those weren't part of the deal'.

I bought in Palm Springs 2 years ago. 

@Lee Smith, from watching her training I'd love to go to her Wholesale Academy but they said it probably won't be another until the spring.  

Some programs these days have interest rates down in the 7.99% range.FYI, I personally have vacation rentals in Fort Lauderdale and Palm Springs. 

Some of the issues brought to our attention by current tenant would need to be addressed by the seller before acquisition.There is a potential piping issue or cracked pipe somewhere as the tenant complained about some water level problems.