The price point at which you would be able to afford these properties means that average rent would be roughly 5-600 per unit, which attracts low quality tenants, and means that neglected repairs and capex items can quickly eat into any profits that you may think you are getting. 

Just a little different circumstance since tenant does not live in property.

Sometimes you will see a listed price and then after talking with the sellers broker to see why they are selling you find out the seller might look at a substantial price drop due to timing or life circumstances.In that case it's not the market but the sellers life circumstances that might dictate a below market sale.What price point is this?

The plan is a basic concept, find poorly managed and neglected property, rehab it to force appreciation and increase cash flow.  

Additionally, due to some unfortunate family circumstances, my family had to sell some properties in a timely manner and try and 1031 the proceeds.

He was aware if you read my above post of all circumstances before getting into the deal with me.

There are charities and government services that will help people in bad circumstances. 

@Ryan Swan under those circumstances, no, the valuation would probably not change much.

Yes, most sales come from follow ups sometimes after reaching out 7 times since their circumstances change over time.

This is not legal advice, I'm not your lawyer, etc.The Texas Occupation Code only allows the towing of vehicles from an apartment complex parking area in certain circumstances.