Auction buying is a risk just is..

I’m weighing two options for our housing situation and would greatly appreciate your advice, given the complexities involved.1.Renovate and Buy Another Property•Invest to renovate our current home adding a bedroom to the house given our family outgrew the house.

(I'm non confrontational)The plot has a native American burial site, which we spoke to a tribe member and gladly let them onsite for rituals and practice. 

So why would we buy the cash flow at a rate of 6%?

.- If interest rates remain high, this is further upward pressure on rents in the near-term, as the alternative to renting - buying a home with a mortgage, is expensive - this should increase demand for rentals. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

Maybe you could extend the closings with some additional earnest money (even if you release it) and buy the time so you can simply do a regular 1031 exchange.  

Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

I am looking to purchase an extended stay hotel. I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel. Thanks for any help you can provide! 

That they wanted "Cheap" buys, not intelligent buy's, not data driven buys, not future casting buys, just "cheap". 

Hii I am a first time investor trying to understand if Austin is a good market to buy a SFH and rent.