Adding a constraint that it has to be a place you want to live distorts the math.Now, a workable strategy for some people is to buy a dumpy house, move in, fix it up over the course of two years and sell it.

How can you legislate someone into hiring tons of employees to make such a law workable?

Must have some handyman skills and knowledge of the various types of work, evaluating the quality of the work, ability to negotiate with contractors and supervise them, etc.

If we can put forth an alternative "workable" solution that meets the need of all parties and takes it to closing then we call that a true win-win-win outcome.

Tell me if this all makes sense for buying/selling foreclosures from auction:County rules: Drive by appraisals Deposit due at end of auction Can bid for other ppl Name for deed due at end of auction Full amount due 50-60 days later Starting bid 2/3 of appraisal value Look through Sheriff's auction listings to find workable properties.

I am excited to learn and grow in this process and look forward to forming many workable relationships!

If you are confident in your ability to come up with a workable/financeable plan that meets the group's goals for location, cost and aesthetics and the local political/planning goals then you might be able to bring this to fruition. 

The DFW area really necessitates looking at it in terms of sub-markets and micro-markets to make any sense of it.With that said, if you are focusing on areas such as Desoto/Red Oak/Cedar Hill or South Arlington (south of I-30) or Far North Arlington, your plan to visit prior to purchasing a property will probably be workable, particularly if you are OK with placing the offer using the Section 23 Cancellation Option in the standard TREC contract.  

Long story short, Owner wanted to sell but owed for to much money, but the deal was workable.

That being said, it would be REALLY nice to avoid that pain.So, in addition to finding the weak spots in this proposal, can anyone suggest ways that it might be modified to be workable?