I'm interested in buying a few rental homes in the Katy / Sugar Land areas. The homes would be around low to mid $200k price range, with at least 3 BR / 2 bath. I would put around 35% down and would like to cash flow $700 and rent it out for 1% of purchase price. I also want them to be zoned to good schools for appreciation value. Is there a high rental demand in Katy and SL for homes with the above characteristics? Thanks for responding!