In many cases, it's amazing how many times I have to contact a listing agent to have a potential client (or myself) even view a place or ask questions. 

This has been the issue for me in the past and it is amazing how much condensation develops in just one day.  

Houston does not have the high speculation California has or had at one time but it does have amazing steady growth with very solid job markets to support sustained growth. 65% of Houston rents due to the large oil industry which leads to higher then normal rental amounts and nicer homes.I have spoke to several investing groups on the west coast that are specifically targeting Houston as their focus.The cost of living in Texas compared to most states is extremely low and one the few cities that you can purchase an investment home under $150k and it be a new home and have positive cashflow in a very nice area.Out of the 500 homes we manage 50-60% of our clients are from out of state and out of country and we get about 20 new properties per month from investors buying.Again I would say that where ever you go Houston or any city you first want to decide what your end goal is and what that strategy is for that goal.

That's amazing.  

With those numbers, this may not be an amazing deal.As @James Masotti said, you need to account for all those reserves.

It amazes me how the whole structure of this industry works.

Even just trying to schedule a visit can give you amazing info about how a company is run and what their priorities are.

I think the reality is that in many places home prices are going up so you may not get that amazing deal that person x bought y years ago etc

(1) Some wholesalers are amazing. (2) Learn to PROPERLY analyze your own deals.

This site seems amazing!