The only exceptions I can think of are a lack of experience frustrating your financing process or where the GC has such a well established brand that a buyer will pay a premium for a home built or renovated by that particular contractor.

Screening tenants well and then a security deposit or credit card hold process in place will limit liability.

How long would this process take. 

Keep all the money you collected from the previous year for emergency only and repeat the process. 

I recently participated in the Howard county tax lien sale and have a property that I can now start the foreclosure process on.

These are high effort low success processes that pay off big if/when they hit.Good luck!

Clients deserve to know the truth upfront, even if it’s not what they want to hear, because that honesty saves them time and builds confidence in the process.

We were able to rent it out for $4,750/month the first year but the tenants moved out at end of lease in October, and we've been trying to fill the property since.

One challenge that may arise during the sale process involves third-party property management.

Texas even provides a pdf fill in the blanks form.