http://www.mortgage-investments.com/resources/onli...I would suggest everyone run the competing scenarios thru this worksheet.  

You will find this a tremendous resource for all of your real estate needs.

Friends to me are a resource like any other.

There is a ton of flipping resources there.Oh - and be sure to set up some Keyword Alerts- especially for "Houston" so you'll be notified when people mention it here in the forums.Thanks again for introducing yourself!

I will definitely take a look at the resources you all mentioned.

BP is full of resources.

You can check the Learn tab above to get some free resources on getting started.

@Rollan Dizon  You've found a good information resource in @Ryan Mullin - he knows that neighborhood like the back of his hand.Irvington is a nice neighborhood & it is considered a "historic district" by the City of Indianapolis. 

BP is full of resources.

Maintenance- If you are going to be a buy and hold investor or fix and flip, you will need to develop the skills and resources to make this statement untrue.