All my peers and clients who previously bought tax sale properties moved away from the strategy a number of years ago so I don't have any recent experiences to go off of,  but wouldn't be surprised if the lead time is longer this time of year due to the holidays. 

With a long-term hold strategy, this property should continue building wealth through appreciation, equity, and potential rent growth.

Solidify my "why" and long term strategy so I persist in times of uncertainty and challenge.

What type of strategy do you intend to stabilize with?

Many buyers/investors are using this strategy to invest in real estate.- get into real estate with a lower rate and lesser percentage down payment.

If you are new to this particular strategy, you might be confused, but this is just a simple strategy that you need to understand and be aware of, most particularly if you are an investor or a shareholder.

They've recently introduced a program called "pre REO" which gives them a strategy to help pull investment capital from these assets which are waiting for foreclosure and exit so that they can recover some of the investment capital from the assets to meet redemption and capitalization requirements for the fund.

Look at their marketing strategy.

In the spring you can list it for market rate and have better marketing/screening strategies in place.HOW TO SCREEN APPLICANTSI recommend you include some of your key qualification criteria in the advertisement.

Of course there are other great areas in the Austin MSA depending on your strategy and risk tolerance.Let me know if I can answer any questions or share my thoughts on any other topics.