First things first - 50 K is good money to do lot of things , These "things" might not be just exactly buying a house , but you should try to know what is the best use for that 50k which will give you a reasonable return /break even / slight loss - but the most important thing is , After that project you should gain some practical knowledge abt investing in US Another important thing that I learnt - never take anything that anyone say here as an absolute thing. we all have our blind spots and biases .

If you priced it right and know your comps that is the most important. 

The reality in Texas is that you have only a slim chance to collect on a judgment and even slimmer chance to collect on someone you does not permanently reside in the USFocus on what is important now which is possession of the property.

What is more important to you; cash flow or appreciation? 

@Ryan Fortier It is important, however, to understand the carve outs that would make you personally liable with a non-recourse loan.

The most important thing is to apply it. ..And the Good News- it's not Rocket Science.

The most important thing is to apply it. ..And the Good News- it's not Rocket Science.

Are you able to build on it is the most important question.

Hi Karelyn,  A few suggestions:  First, your agent can talk with the seller’s agent to see if there are any items that are important to the seller so that you can include them in your offer.  

What's most important though is buying in the right neighborhood.