re: Homebuying...fresh out of college

As referenced above prices outside of loop in Houston for real estate in Texas is incredible ...especially with Katy, Richmond, Perland, etc. continue to expand and build new homes.

I-10 is much improved and I soley use Westpark Tollway which is extremely quick for me

Pro of living outside of loop more house less money and yard...inside loop probably minimal yard at best hell lots are going for 200K but if you needed to sell it could be done much quicker than outside loop

Friend renting out never a bad idea - however it really comes down to your cash flow and I would buy a home soley basing it off of my income not hoping you have a tenant...so I would say that is a non factor

If you have friends in the area have them show you different spots in town or have a real estate agent give you some ideas

Also, you apply for the Texas Homestead Exemption and that will lower your property tax...I actually thought Texas had low property tax, but it varies depending upon county