Outside of taxes and insurance, I can't think of any recurring major costs. 

The house needs new paint inside and out and laminate flooring in one bedroom, so nothing too major.  

I'm very interested what you are looking forWe are looking for good agent in Houston We do buy & sell in major cities in TX include Houston. 

Possible if they are MAJOR repairs and you are asking for a faction of the cost. 

The overwhelming majority have been cash buyers. 

plan), but it should not be a major part of an acquisition program.

I also plan using wholesaling techniques to acquire more properties or sell the ones that do not fit as a good rental.Ive owned my own home for 15 years and have done major renovations by either myself or as a general contractor.

As a hands on individual who lives at the outer edge of a major metropolitan area, I'm curious if investors from the "big city" who are looking for more affordable markets would find benefit in the assistance of a fellow investor native to the area (to help vet properties and/or act as a property manager).  

This will be a negotiation tactic a buyer's agent will use against you.

After her passing, there was no way my step-father could pay his 2 mortgages plus other bills.I ended up moving in with my step-father to help him with his bills and give me a place to stay while I did some major renovations to my home (gutting kitchen and both baths).Well a few months later he passes away.