@Voley Martin Make sure you get updated insurance costs.

Was cash invested including rehab costs?

It is not low cost.. you need 7-8 rooms per house to make it decently profitable. 

All that being said, it might not be worth the cost of putting in parking, just be aware on the front end that you’re reducing your end buyer/rental pool by not having it. 

Quote from @Hanna Brown: @Jay Hinrichs If the bidder at the auction pays cash for keys to get the homeowner out, does the person redeeming from the owner position (exercising rights of redemption w/in 180 days) have to reimburse them for those costs they paid to get the homeowner out? 

It saved my quite a bit on interest costs.

I can promise you that my first deal was TERRIBLE, but I lived at a reduced monthly cost to living than renting/buying a single family and that is what mattered. 

I believe this is what they call a pier and beam foundation which I have no experience with so I have no idea what it would cost to fix. 

Cost of Living and Affordability: Texas has been known for its affordability—how does it compare to other emerging states like Tennessee, Florida, or North Carolina?

The marketing functions is where the very host cost comes in.