This happens all the time, usually with heirs, but it can be squatters as well.

Would like to be more hands off as well.

This is your product, and you are branding it for maximum consumption.

Buying a portfolio might lead you to making decisions you don't have the experience and foresight to make well.

Hi Scott,You can achieve sustainable growth by investing in high quality, well-managed properties that will generate consistent returns over time.

Beyond trying to connect on this forum would recommend look in the BP Meet up section and checking out local DFW FB RE investor Facebook groups as well as Meetup.com and Eventbrite for local events. 

As for your ques if to wait, well, it depends on the market, in some parts of the country prices are still going up, slower, but still going up, other parts the prices are coming down, you know that area, what is happening there? 

So I am assuming you were the lender on these properties and they did not manage them well and they went into foreclosure.

As far as meetups go, you can find a lot of local events posted here on BiggerPockets: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of Chicago meetups that I can share with you as well.

That home was in Milpitas CA.. probably worth about 1 mil today.. but I lived there 2 years sold it made over 50k and I was off to the races.. primary home equity as I look back 50 years of ownership and multiple homes has made me well over 2.5 million in tax free gains.