Purchase price: $502,000 Cash invested: $100,400 Purchased this single family home located about 1.5 miles from Downtown Houston.

Those are called "REO"(Real Estate Owned) (as you pointed out), not foreclosures.

@Dean GulloTo build connections in Southington and surrounding areas, join local real estate meetups, connect through BiggerPockets forums, get involved with local landlord associations, reach out to real estate professionals, attend town or community events, and expand your team.

He says he has Cash buyers in (State), and is will to work under JV.

I’ve been diligently looking and analyzing deals for over a year and have not come across anything that pencils out.

Quote from @Melanie Baldridge: Real estate is one of the most tax-advantaged investment strategies out there.

I figured out how to connect all the detectors and wire them together. 

It was my first time stepping through the motions of a property auction and it was still a great learning experience, despite missing a technical deadline and not being able to bid on any properties.I am now in the process of closing on a FSBO listed duplex that's a better deal in comparison to most of the properties that sold in the area during the auction, so it all worked out in the end.

In my view an STR that does not project far over a 1% rent to cost ratio is going to bleed cash in our market.  

Account Closed  Let me know if we could be of assistance, we don't lock anyone to any long term contracts or penalizing to get out of.