@John B. - I think you can totally find something in the downtown loop area that would work.  

John - it depends what your goals are.

Much better to lock in a low fixed interest rate for 30 years than pay 17-29% in CC interest.

Then you will have approximately 1 to 2 weeks to visit the property, perform due diligence, and then lock it up with a binding purchase agreement.

I’m a month out from moving to the Houston, Texas are and I think I’ve got my eyes locked on League City as a place to live.  

Heck, you can just buy a property, live in it for a year and move back in with him if you want.One thing to also consider is if you put your money into real estate, it is locked in to an asset that will give you cashflow, appreciation, tax benefits and loan pay down.

To properly manage my properties - Depends on the property type, location, number of unitsGet the most out of tax benefits- @John WoodrichReview and revise my leases - @Brad Schaeppi

One of my acquisitions managers cold-called the homeowner, met in person that same week, and locked it up on the spot.

=)@John Underwood No, my lease does not currently say this. 

A few observations: Both @Joe Splitrock and @John Underwood are onto something--getting them out is the right away is the thing to do.