There are lots of properties left over from the late night tv sales programs that do not have water and or sewer available.  

Is there someone else in your family you could rent it to at a reduced rate to house watch??

I will start reading/watching and participating.Ames

Both can be a good investment. 2 things I would watch out with condos would be the rental cap restrictions and HOA fees and restrictions.

Ever watch Airplane Repo on Discovery?

Reading thesearticles is ok, but do you know of any web sites were I can watch video orlisten to audio of real estate seminars and lessons?

I don't live there so am not as well informed as others but I do believe that you need to watch out for property taxes in Texas.

Althought I am still smarting a little from watching the Colts hand it to the Bears 2 Super Bowls ago.

There are many people who are to blame.I completely agree with the interest rate/cash flow analysis (which means that if a person gets a 5% fixed 30 year direct am now, they can watch their property values fall in half, but if the rates go to 10%, the cash flows the same.)This is an example of the decline of personal accountability in our society.

Havent watched these yet, but I do plan to.