On the auction day, the foreclosed owner came by with his twin brother to observe.

And that's not a pass to mute your diligence, observations, or analysis.At some point, you have to trust.

A few quick observations off the jump.

By the time I got to the house to observe the issue she had it all cleaned up but the funk was still in the air.

I'd love to observe what types of scenarios and interactions people come across when doorknocking before I go out doorknocking.

Additionally, a portion of the first floor was observed to be sagging.

Commercial likes cars and rooftops.         

^Everything above is just one person's anecdotal observations!

In the Temple area I know of two investors that lost fairly badly at that game; due to low demand.Yes, to renting to students and yes, to your smart observation to keep all markets available.

I do not think this was a major strategy killer, but the house sat empty during peak rental time (Summer before school started) and is still vacant at a price above Proforma.Some Observations: Closing costs came out to be much higher than the proforma estimateTaxes were spot onProperty Mgmt. fee spot onThe vacancy is listed at 4%, even though PM says I takes an average of 45 days to rent, so it’s a broad average I’m assuming after tenant leases or across all their properties.They advertise 2-year leases during the tour and most turnkeys are rented prior to closing, not the case for my property, still vacantOne inquiry has come in for a family whose house burned down, but they want 3-month lease smack in the middle of winter for another renewal, not optimalNeither the marketing department nor PM inside Reedy was very proactive as far as communication.