While the financial rewards are great, the true treasure is who you become along the way.

Risk/Reward. 

I love doing these types of deals—not only because most people avoid them, but also because it’s rewarding to help sellers in these situations.

Exactly this and why you should not do cash for keys to reward poor tenant actions.  

Owen,  Pursuing a career as a realtor can be incredibly rewarding, but it's not as simple as it may seem, especially in the early stages.

I joke that he's the unofficial Mayor of Springfield based on all of the social and charitable activities that he does there.

Different people expect a different combination of risk/reward.  

Other strategies include gifting portions of the property to reduce the taxable estate or exploring more complex options like a Qualified Opportunity Fund or a Charitable Remainder Trust to defer or minimize taxes.

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

Reward: Assess whether the uncertainty surrounding the current occupants, title clarity, and liens aligns with your risk tolerance.