I am also leaning away from this option, mostly because I know it won't go anywhere.Can anyone provide any insight into how you would handle this situation?

I'm just getting started but am in a similar situation with work and savings so I've researched this for my business plan.

Note - If you are looking to invest the proceeds you could look into a 1031 exchange will defer all Federal taxes to a later date and allow you to purchase another property with the proceeds.The best thing to do in your situation is to do a little research and talk to an accountant.

While I know this isn't the ideal BRRRR situation, would it be a decent place to start for a first timer?

Eric - my suggestion would be to go to the brick building/inspection department and apply for a rental CO and explain the situation.

I have created a SS that would track the most ideal investing situation and see if others found this to be realistic/plausible.

This was a very stressful process for me considering it was my first property.

 I have run into a difficult situation with my tenants in my first rental property.

Good Evening BP Members, I am trying to help out a home owner in a stressful situation and was wondering if there was any advice/thoughts on a buy and hold investor in the Houston area for this situation: Owner has a squatter in the home who refuses to leave.

Justin kovach , thank you for your story it is very similar to the situation im in now .