If you are talking about the condition inside, your contract should allow an inspection OR you offer a rock bottom price. regarding the tenants you are required to honor any lease that is in place.

My daughter has one semester left before graduating college at the University of Arkansas.I spent much of my time raising my daughter because of my flexible schedule including softball, gymnastics, junior and high school band, daycare place, and piano lessons just to name a few. 

"Sir, the best was I can support you in this op is if we do A,B,and C" They would look at the situation and sometime they did A,B,and C.

@Casey MendelsohnWhere I recommend: Move to South Denver, with a plug for Castle Rock.

Good afternoon BP family,  I'm asking for some helpful tips or suggestions for a good property management company in Round Rock, Austin.

That could easily get you 6-9ish total units in B and C type neighborhoods.  

Essentially every deal we’ve done has take about a year from start to finish, mainly due to our one man band contractor but that’s besides the point.

I’ve heard stories of jails going in a small town and property value and rents dropping like a rock Or low income housing complexes being built in otherwise decent areas and then the rents start decreasing and houses go up for sale that can’t be given away

Unless you intend to dump 200k plus into this, you wont need a tax attorney till later on, same with a CPA, you can get you LLC and start rocking along.You can also go to your local real estate meetups and ask around who buys tax deeds and who they used to make it happen. 

@Nick B. and @Ronald Rohde Appreciate the feedback, this is a business of relationships, so I will look into these avenues over the coming months.Thanks for your insight and guidance, I look forward to learning and growing in the RE community.