Probably even more from the bad deals..Long term you are better off with better real estate.

We finally close with title insurance.14. seller is holed up  its a massive hoarder situation as bad as I have ever seen.15. another 6 months to get eviction.so about 30 months later we finally take possession and bull doze house and built three new homes.  250k in out for 30 months  another 30k in legal fees..

My opinion only 2 cases make sense for the seller 1) they have few options and this presents the best means to get out if a bad situation.  

@Rishika Garimella I am a local home inspector and investor in the area. i think Austin is a sleeping giant right now. the rates are really scaring away buyers. but since competition is so low right now, its a great time to snag some property while its not being ripped apart by investors. i think the hutto manor area is a great choice, once that freeway opens up that connects taylor to round rock, it will definitely become a point of interest.

Would it be a bad idea to buy a single family home built in mid 1930's?

Yes, there are many out there that do it and nothing bad has ever happened, and I say kudos to that, I just would never do that.

With this choice, you can manually assign the request to your preferred contractor using the "Send Work Order" feature whenever a maintenance request comes in.

What kind of resources do you recommend for finding a good first choice? 

I've read a lot of bad information on how some gurus are promoting techniques that are flawed at best, fraud at worst.

It's usually a very bad idea to go into business with friends or family.