Tax collectors have gotten wise to this, they do not like it and they will make it difficult on you if you try this.

You don't want to be in a situation one day when there is zero or negative balance in your IRA.

The redemption period represents the time that the current own can come pay their balance and still keep their home.

Definitely some difficult things to consider.

Unfortunately there are many areas of the country where the prices have gone up so much in relation to rents, that it's very difficult to justify making an investment (when you could put the money somewhere else or even in a completely different class of investment).

How do I balance where I ideally want to live with investing in Real Estate properties? 

Plus their minimum balance to not get fee-d is little high.Also US bank has now twice locked me out of my online for no reason whatsoever and one time they said the only way to fix it was to go to a branch.

Then once the contract is up or the person is ready to pay the remaining balance it will go to a title company for the transfer of the title. 

Being in Houston could make it difficult to find more than 2 units under 1 roof. 

You also did not say what your type selection is, makes it kind of difficult to answer what you should do and if you have saved any money for a down payment.