In Texas, there is a requirement you mitigate the lease breakage by making an active effort to get the property re-leased. 

But we don't seek financing.

Seeking mentors or offering mentorship is against the forum rules.

Hello,

We are looking for a lead manager to join our team and help with acquisitions.

If you are or know anyone who might be interested, please refer them my way.

Thank you!
Chuks

Property was previously rented but the tenant was evicted because of missing payments.I always get a lacklusture response from the PM company that they are actively marketing the property.

As I did, I'd recommend that you have the Lease-Option Contract drawn up by YOUR local attorney, and make sure seller's signatures are notarized and recorded against the property title at the counties registrar's office, so that it cannot be sold to anyone else while your purchase option remains active.

And if you are an active investor I would sell it because you will have other properties come your way if you are an active investor. 

This post is informational only and readers are advised to seek professional advice.

Nothing says you can or should do only one or the other.As to scalability, it is true that SFR is less scalable than multifamily, but this is only a problem if you are seeking to achieve scale. 

A employment income is your source of money to invest.Real estate investing is not a career it is a activity.