But as James so astutely observed, I have a tough job:) I'm new at this and I'm genuinely asking for help with my pitch, not pitching you folks but it seems like there are flaws in the actual product that I'm not understanding. 

Either you use a mileage allowance of 67 cents per mile or you use a more complex method called actual expenses.

It is my understanding that if you enter into the lease knowing of the foreclosure and placing a tenant anyway, then the lease is essentially deemed invalid as you and the tenant knew that it was a matter of time before they were evicted.Also there is an assignment of rents in residential mortgages as well, and doing this may open you up to a lawsuit by the mortgage holder since you essentially stole potential rent from them.And finally if the plan is actually to buy an HOA lien and wait until a foreclosure, I think that falls under unethical practices and would never do that, or encourage anyone else to either.

I have done seller-financed notes before but this is the first time I actually own the house.  

I actually had a client approach me to handle his listing and guests, for a fee.

Even though they are renovated, they have to be pretty old in Richardson, maybe 70s vintage, so I would want to know who rehabbed them and what did they actually do....like new electrical and plumbing...any foundation work?

I think I may be able to actually from the numbers I am seeing right now

To continue growing and learning, make sure to keep up to date with market trends by attending workshops and webinars.

Its a temporary situation and I am sure you have heard the phrase "Marry the home, Date the Rate!"

If you do not have a lot of personal assets and have a homestead exemption on your primary residence - most find there is not much left for someone to actually take.