Simply put, the 1% rule says if you can produce 1% of the purchase price of the home in rent then it is likely to cash flow* *This is a tool and not meant to be definitive.

is your business partners single.. does he worry about you if he were to get in trouble..Could a LLC be good idea for you regarding your property rental business. 

We won’t be able to get back to each person individually, but if you are chosen by our producers, they (Alex or Mindy) will be in contact with you within a month or two!

Trouble with deals like that is something can come up during repairs and eat up all the margin.

With 18 years of experience under your belt, you should have no trouble finding interested investors in the Houston market.  

I am new to real estate investment and I am having trouble figuring out where to start.

I wish their was a way to save me the trouble of getting the house under contract at a set price then market the property at a price I "thought" would be low enough to get sold only to be stuck with the property without a buyer.

Then, you will be looking to get new tenants but maybe all applicants are having trouble keeping good jobs so you are forced to drop your asking rent to get it rented to a good applicant who makes enough money.  

I have trouble trusting my results since my not sure how to approach finding the ARV, insurance costs, taxes, and the things specific to my area. 

The trouble with Troy is it's very block by block.