The idea that sometimes the best investment is the one you choose not to make reflects a solid understanding of risk management.In real estate, there's often a lot of emotion tied to a property.

Identified ABQ as a target due to affordability, city potential, industries (military, medical and film/TV).

When considering single-family homes (SFH) or small multifamily properties, it’s important to analyze rental demand, local property values, and rental rates to ensure you’re getting strong cash flow potential.

Going OOS involves a LOT more trust & risk with whatever team you put together. 

@Tyler GarzaYour strategy has a solid foundation, but a few key refinements could help you maximize returns while minimizing risks.

While I’d love to invest locally, most properties here are beyond my price range.Right now, I’m compiling a list of potential properties, underwriting deals, and reaching out to Realtors.

Unfortunately, I think potential buyers have to show up at the auction and will find out at that time if the property is still being foreclosed on or not.Thank you all.

Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?

It's a bad situation when you have a property that only serves an extremely limited pool of potential tenants, i.e.

Hi we have been approached to rent out our 4BR/2BA residential home to a group home for at risk youth.