For you first larger multi-family property, I would focus on areas that have proved to have rent stability, overall low capital improvement requirements, and a record of property appreciation over simply going for a property that gives you the largest forecast returns.  

Houston is the 4th largest city in the US for a reason...jobs...and jobs are not going to go anywhere until alternative fuels have been found!

I am the owner of established real estate site which is also one of the largest you can find.

In an effort to make our site even better, we're looking at our search function.

Mostly we need a disposal changed out in the kitchen, heater that is not functional and needs looked at, several outlets need changed out to GFCI and other outlets with open grounds on the 3rd prong need changed out.

Over the last year I have been the lead broker on an acquisitions team for one of the largest institutional investment groups in the country.  

If a borrower can afford to make monthly principal and interest payments of $1000 and the lender will make a 30 year loan at 5.5% ($5.68) , or a 20 year loan at 4.5% (about $6.40), what is the largest loan this buyer can afford?"

There may be functions within the mls to do it too.

Then I wonder what happens to the investor who lost 10 homes.. what happens to him and then he or she gets sued.this has all sorts of very serious repercussions short of just should I let a tenant slide one week because of the largest natural disaster to ever hit the US>> I think it boils down to investors with money and reserves probably will work with folks.. investors who are mortgaged to the hilt this could be something that really hurts them and they will have no choice but to be hard @$$ non caring landlords regardless of cirucumstances.. and then you just have the plane old greedy could give a crap landlords. sorry for your troubles you owe money..

HE did early retirement from Apple and now is traveling, mostly in SE Asia.I think the generic term turnkey investing is a function of what did you get into the property for?