100 percent financing and a cheap price will help you but a math analysis will answer your questions and what is the rent?  

You might could ask the first lien for a short sale and pick it up really cheap.  

Houses too cheap for you and too expensive.

Properties are very expensive and rent is cheap.

Thank you guys...I think I will take that route and get more experience. house is pretty cheap but I think it'll be worth it..headache free. 

It is not a question of something bringing the market down, but how long can demand (fostered by investment and cheap money) keep the market up.I don't think anyone can understand all the factors that drive any market, but especially the Texas real estate market, since it is not a closed system.

Use your friend's trucks when you need one or get a beater you use for hauling things and a cheap civic for commuting.

In New Orleans, the court was very helpful and the process was very easy to completed by myself without the need for a lawyer.Now with that said, some areas have very cheap eviction lawyer services, which might be handy if you do not want the hassle of filing notices and appearing in court.  

Although on really cheap deals Ive referred out to some Baltimore agents, I forgo a referral fee and just ask them to send me a referral if they get one more for my area.  

There is plenty of free or cheap information to get you started.