I had two choices: stay in my comfort zone or take a leap of faith.

So they really had no choice IMHO....Welcome to the landlord world I guess.....makes ya wonder why we do this sometimes, huh?

You better reach out to them days before the auction and give them a simple choice: allow foreclosure sale  to occur or allow you to take it over from them, with equity justifying your purchase.    

With this choice, you can manually assign the request to your preferred contractor using the "Send Work Order" feature whenever a maintenance request comes in.

If so, I'd 1) join a real estate investing mastermind that focuses on your asset class of choice (multifamily, industrial, storage, etc.) and learn as much as I could - it's worth the $10k-$20k in both knowledge and connections.

You have a choice in STR. 

Others are responsible with their budget and can stretch a dollar.If they are excellent renters, I would offer them the option to renew and let them make the choice.

I don't personally own any properties leased to housing choice voucher recipients but heard from others who are having trouble leasing their properties.

@Rishika Garimella I am a local home inspector and investor in the area. i think Austin is a sleeping giant right now. the rates are really scaring away buyers. but since competition is so low right now, its a great time to snag some property while its not being ripped apart by investors. i think the hutto manor area is a great choice, once that freeway opens up that connects taylor to round rock, it will definitely become a point of interest.

Some people prefer an electric dryer over gas and in some of our properties we have both gas and electric hook ups for dryers so they can have their choice.