Hi, quick question on HOA Foreclosures.I won a HOA foreclosure at auction in Texas back at the end of 2023. The redemption has passed and I am now selling the property and have a buyer lined up. Only issue is that we ...

They serve to guide tenants in taking good care of our property.

what I saw happen personally was a revolt. instead of cash call to the original GP they used that cash to hire attorney and boot the GPs out with threats of bad things to happen to them.. a couple of the LPS stepped into the GP roll with the attorney guiding them and well folks then put more money in and the projects were ultimately lost a few years later. 

They often know about listings before they hit the market and can guide you to good neighborhoods for flipping.Use Your Contracting Skills: Your experience in contracting is a huge asset!

I use competitor pricing as guide posts but since I've been operating for several years, I look at historical, year over year data for my own place and raise it a bit.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Since your goal is passive income, breaking even, and long-term wealth, here are some general steps to guide you:Location Research: Focus on areas with landlord-friendly laws, especially since you want to avoid tenant-landlord issues like those in New York.

We handpick properties, and guide them through the purchase, rehab, and management of the properties.  

Here's a detailed guide on how to screen applicants: Application Screening Guide 

Map out your goals and rewrite them often to help guide your decisions.