I was referring to Owner Occupied foreclosures in particular, when warning to stay away from foreclosures in certain states.I agree that door knocking would be the best way to get these deals down.

@Mordechai ChaimovitzGreat points made above along with what @Daniel C. said referencing @Tom Shallcross's post on another thread.The context and variables for each individual investor will vary but many people are comfortable with getting a 2-4 unit that will reduce their out of pocket expense compared to their previous rent with the intent to do rehab and raise rents over time.

My 2 cents: it sounds like you've got to pick a lane and stay in it, become an expert, and level up in that lane.

.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction. 

However, always stay updated on local regulations related to STRs.In conclusion, Albuquerque presents a fascinating blend of opportunities for both new and seasoned real estate investors.

However, I don’t yet have the funds for a down payment on another house, and I’m trying to figure out the best option for where to live while I rent the apartment.Do you have any recommendations for managing this transition or tips on finding a temporary place to stay?

STAY AWAY!

Would appreciate honest feedback for the best way to get and stay organized!

If those people on the lease move and their 'guests' stay, you now have to deal with them.For late payments, how late are they? 

Keep learning, stay focused, and don't hesitate to reach out if you have more questions or need further guidance.Good luck on your real estate investing journey If you have any more questions or need specific advice, feel free to ask.