Houston Market place

[Jo Kinal]

I'm looking into the Houston market place for buy and hold. Is it better to focus on properties with better school district ratings, or get much cheaper properties in areas where the school district doesn't rank as high?

Any feedback would be greatly appreciated. 

[Austin Smither Langley]

Both can be good strategies.  It depends on your goals, neighborhoods, etc.

Cheaper areas could have less reliable tenants whereas good school districts tend to bring in longer term tenants.  However, it can be harder to bring in cash flow in a nice home in a good school district because better school districts usually have higher property taxes and higher property values.  The right cheap area could be ripe for development and appreciation compared to a more stable neighborhood., but as always it will depend on how good the deal is.