For example, we do background checks but no proof of income/employment check.

Lease options, and there are a variety of types of lease options, can be a good starting strategy for many aspiring investors. 

✨🏡A classic home completely reimagined!

I always check probate courts for estate filings and possible Conservatorship of a senior.Another possibility is that ownership has already changed and title held by entity, just waiting to take next step to rehab, demo, assemble other ownership, etc.

You’d be more likely to get away without parking for tenants but even then, what kind of tenant are you going to attract?

It's great to see the inventory is coming back there are a lot of options out there and I'm feeling excited!

I also agree you can connect with Alan Ceshker in Austin as he's one of the attorneys that will help structure these deals. 

There is a lot of conflicting info online in regards to these situations. 

Is this a new tenant you put in or did you inherit this one?

Personally I consider it to be more of a entry level neighborhood for first time home buyers and a blue collar neighborhood for long term renters.