and i know that that there’s risk involved, so ill always be prepared for things not going according to plan. and i think starting small and gaining knowledge and experience over time is key. 

I totally agree—choosing the right location and finding value-add opportunities are key.

Quote from @Hanna Brown: @Jay Hinrichs If the bidder at the auction pays cash for keys to get the homeowner out, does the person redeeming from the owner position (exercising rights of redemption w/in 180 days) have to reimburse them for those costs they paid to get the homeowner out? 

@Johnny Lynum we did offer them an aggressive cash for keys amount to get them out as soon as possible.

A key lesson here is buying at the right price; overpaying by $15K can make a big difference.

We all know that is there is nothing worse than not feeling confident about handing over the keys to your property. 

Investing in yourself is a key. 

I am local to the Memphis market here and like others have mentioned communication is key.

bringing on someone not only fiscally but also with experience in this type of rehab is key, as you will need to write a good scope and budget for the unknowns.

Since you’re considering selling your business, this could be a way to put your capital to work without taking on the headaches of being a landlord.Right now, you’re at a decision point, and a few key factors will shape your next steps:Leverage vs.