- Votes |
I live in Houston. I own a small townhouse in the Houston metro (midtown) and am looking at purchasing my first rental properties. Cap rates are very poor in Houston proper. Huntsville seems good - it's a college area (Sam Houston State University) and I've seen a number of properties that look like I can get at least 1% of purchase price / month. Any opinions on this area? Would it be too difficult for me to manage a property that's an hour and a half drive away? My wife an I like the Huntsville area and wouldn't mind driving up there once a month.