You really should have cash flow, tenant vacancy rates, neighborhood, surrounding demographics and jobs, upcoming major builds in area, etc. as more important factors.

I tracked down PIG and they seem very promising and I have begun looking at the surrounding areas to see what I can find as far as groups.

This market price fits with the neighborhood and surrounding areas, so there's not likely going to be appreciation. 

A method that might work for you, depending on the what type of deal and specifics surrounding it, you could take out a Hard Mon3y Loan to purchase it from the Wholesaler, because the lender will allow you to add the wholesalers assignment fee to the loan and its considered an All Cash Purchase.

HI Manu @Manu BhardwajSounds like fun, but you want to surround yourself with a team that has done this before. 

State Tax increases are negative on real-estate.Colorado has taxes on oil/gas that have revitalized rural schools, roads, and other infrastructure.

Surrounding yourself with people smarter than you...what value can you bring to them? 

Thank youThat's intriguing What are the logistics surrounding a heloc?

. :) So new development also means accounting for that infrastructure.

Hello Everyone,I'm a brand new investor trying to get started in the Houston, TX and surrounding areas.