I ask because we only buy houses around the southern US (TX,OK,AR,TN) but we're curious to know if more opportunities to buy foreclosures could potentially exist in other markets. 

I started off with 3 houses on a lot and another house two lots down.

I am a wholesaler looking to also break into house hacking, brrrr strategy, and eventually fix and flips.I am in west TX areaWhere in Tx are you currently and what strategies do you employ? 

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

Beginning my house hacking journey and looking to connect with as many other investors in our area as possible. 

@Phillip Austin someone who obviously should not rent but buy themselves a brand new house. what was their previous place?  

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

LTR and MID term are hot now as well, we have more people that want houses than houses to rent to them.  

You are entitled to receive a house back just as whole as you delivered it.

There's alot of neglected housing out there, gentrification.