Any nearby apartment complexes are in iffy neighborhoods, apartments on the other side, near downtown are too expensive, and the closest, cheapest, safest apartments and houses are closer to the University which isn't far, but crosses some busy roads and interstates which makes the drive much longer and stressful; and that's the reason why there's such a demand for the employees who want to rent nearby but don't have options. 

to be closer to family.  

Once everyone gets on the bandwagon though, the prices rise due to influx and the equity goes away and then you are looking at prices closer to market value.

I figure 5% vacancy on my numbers but I've been running closer to 2 to 3% over the last 3 years (again, it depends on your homes and your rents).So I'm comfortable assuming I should be making about 250 a month or so net.

If you are needing to make cash transactions or deposit money orders or needing your tenants to make deposits for you then finding a bank closer to Spring would be to your benefit.  

Can I make their payment closer to the rent they are paying to help with cash flow and the pay down of their principal to help with future financing?

The wait was many months and the cost was closer to $35K.  

The closer to you the better.

All driving time is learning time which is why i am Thankful to anyone who has spent their time recording a podcast so i can benefit.As i get closer to my 200 hours i will have questions and as i have read in these forums there will be answers for me.

The listing had it as a 2/2 with 1300 SQ FT, but in reality, it was a 3/2, with a potential for a 4th bedroom with closer to 1500 SQ FT.