Once Open door, Blackstone, and the many CA/out of state investors leave due to the incoming bubble, then you should be better off.Dallas is a great market, but there's literally hundreds of other great markets across the US.

Maybe only a couple hundred dollars, but it does count.

Seller backed out of the deal last minute leaving me high and dry after several hundreds of dollars and time invested.

This will include the senior position mortgage, property tax liens, HOA liens, and utility liens.Where people get into trouble is not researching which position has initiated the auction and then later come to find out there are hundreds of thousands of dollars still attached to the house.

Based on my numbers, it should cash flow pretty well (a few hundred)My real estate agent has some hesitations as he thinks rents will pretty much be capped at 700, it's not in the most desirable area (more of a rental area), and my tenants won't be A+ tenants for that price point.

All cosmetic stuff, cabinets, counters, floors, paint etc....Thanks!

If a buyer wants a new kitchen and you find mold when you tear a cabinet out, what happens?

During our initial walk-thru the house, it had a HORRIBLE smell in the kitchen, an equally horrible smell in the family room (pet urine), and we found that the kitchen drawers and cabinets were infested with bugs - we had no idea what they were. 

He has a daily podcast and hundreds of Youtube videos where he shows you how to search for notes, conduct due diligence, and what to avoid in this business.

Thankfully he lost, but I'm worried about the *TOTALLY REAL* ballots they keep "finding" in South Florida: "Gosh look at the 200 ballots for Gillum I found behind the Cap'n Crunch in my kitchen cabinet!"