If it’s a homestead, it’s a two-year rights of redemption, this is specific to Texas, I don’t know about other states.

Selling I save 30k on the Reno budget resting in a 107k sale.What you guys think Keep a fully renovate home for 66k in a C+/B- area or sell for 107k for the next deal?

I guess one of the biggest things to consider is how long you plan to be in each specific property.

Best thing to do is you should meet with a real estate attorney to go over the specifics of this deal to come up with the best solution to maximize your returns as well as protect you throughout the transaction.

Let them know - as specifically as possible - what you are trying to achieve.

Wilson - I agree with Kai on using a broker for this specific situation.

Your question is condition and location specific.

Also my budget is in the low hundreds not thousands per month.  

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Just curious if you had a specific plan in mind?