As long as you purchase at least as much as your net sale. 

Are you basing this solely on what you can afford, or what you intend to make on it, or your target sale price? 

However, most tend to get very watered down with sales pitches etc.  

There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.

Foreclosure sale price + accrued costs mean sale price on satisfies loan.  

The only reason to look into franchises that flip houses or do renovations pre-sale is because you have existing business that you could leverage on top of this to add more clientele.

If you are in DFW area, do you recommend any meetups that aren't sales/marketing groups disguised as a RE meetup?

Not as many hotels in the area except next to some ski resorts but during covid it got crazy. we bought one for $25k at a foreclosure sale in 2015 and could not give it away in 2019 for $50k then in 2021 we sold it for over $120k. 

Its not often that the sales person is also very good at management.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.