But this would be an ideal BRRRR.

I am in Texas, so my knowledge is based on what I know from the State of Texas and the transactions I deal with.

I am looking for areas that are expected to grow in the mid to long term - ideally have a major employer, have upcoming infrastructure projects (e.g., a new rail line or major park), etc.

My ideal tenant is someone who functions as an adult, who lives alone with no pets, decent job, minimal criminal history and has experience living in a shared home.

Modular is not embraced very well in CA but this IMO is an ideal situation for modular. 

This is the breakdownLoan CostsA.Origination Charges$1,7820.325 % of Loan Amount (Points)$492$150Application Fees Lender Fees$1,140B.Services You Cannot Shop For$1,044Appraisal Fee$850Attorney Review Fee (TX only)$150$13Credit Report Undisclosed Debt Report$31C.Services You Can Shop For$2,699HOA Transfer Fee$150Resale Package$300Survey Fee$539Title - Document Preparation Fee$50Title - Escrow Fee$425Title - Guaranty Assessment Recoupment Fee$2$130Title - Lender's Endorsements Title - Lender's Title Insurance$1,103D.TOTAL LOAN COSTS (A + B + C)$5,525Other Costs E.

We choose this particular one because the neighborhood is perfectly set up for it & already had existing STR's in it, the layout & size were ideal & the private pool is not just out your living room door but is actually private as no one is behind us & the sides are walled off which we thought the additional privacy would make it more attractive.

Ideally, you would want to be located close to where you would be buying the tax liens.

Someone else having a say in my investment isnt ideal.

Ideally, that agent could also recommend me in Austin, but that's not necessary.Anyway, like I said, my primary focus will be to see the people with whom I spent time in Iraq, but if any agents or investors have some time on Sept 4-6, I'd love to buy you a beer.