Some of the best opportunities can be found in other regions, particularly in markets known for strong rental performance, stable property values, and tenant demand.

Hi @Josh H. we see lots of success with investors buying houses from auction. 

I just saw that Antonella Parra Gonzalez, a third-grader at Harris Elementary School in Gilbert Public Schools, recently received the Arizona English Learner Students Success Story Award.Here in Austin, many investors are asking me to set up searches in Eanes ISD, Round Rock ISD (that also cover some homes within the Austin city limits), and then of course Leander and Lake Travis ISD.

I own a LTR in central Houston that I think would be pretty successful as an STR based on the AirDNA data.

If this fails, then perform a land trust strategy.

All have performed well and rent easily.

Apply for a dimensional variance on the vacant lot to allow a smaller lot and/or setback so it can be built upon.Your best first steps are to sketch a plan, possibly with an engineer's help, then contact the zoning department to discuss your idea with them to get informal feedback on your liklihood of success before you spend a lot of money.

I’ve seen many buyers successfully execute this strategy over the years, turning such properties into valuable investments.

The MTR positioned for the most success and occupancy is one that does not eliminate the 3 key MTR non-negotiables among travelers - PPL: Pets, Parking, and Laundry.

You are not obligated to be successful.