If not that than it might just be a demand issue.

Quote from @Jamie Bateman: @Chris Seveney well, I don't want to increase the demand for the next trade, but with the HECM NPLs you get interior photos prior to bidding.

@Stephanie MbayaLSU's high rental demand and affordable property prices make it an ideal location for house hacking.

If inflation and yields stay high, we might see more buyers sidelined, which could cool demand and stabilize prices.

Your write offs are also not effected, so you can write off miles also as an individual owner.

@Charlie KrzysiakCondos in Dallas offer affordability, lower maintenance, and strong rental demand, making them a good investment for those looking to build equity and reduce living costs.

You’re thought process is good, BUT, if your market timing is incorrect, or the specific property you purchase lacks tenant demand, you can get stuck with an “alligator” for a long time.  

I joined BiggerPockets to connect with like-minded individuals, learn from experienced members, and contribute to discussions where I can add value.

The choice depends on individual financial goals and 5-10-year goals.

The property was in a high demand location, so it made no sense that it would be half empty.