Understand the West Texas market dynamics, such as transient workforces in towns like Midland, Odessa, or Lubbock, and research growth potential.

Hey Alex,My name is Jagjit, and just like you I'm new to both RE investing and Biggerpockets.My plan is to start with multifamilies and I've talked to a couple of RE agents so far, and the conclusion I have is, in this high Interest rate market, its very difficult to find a cash-flow positive deal. 

For right now, we don't need any extensive features, but just want the software to be a little more user friendly and RentRedi seems to lack a few simple things that we would like in a property management software.

I like how you point out the "technical" elements at play by mentioning the demand for MBS versus treasuries. 

i like your strategy.

Although I have not yet purchased my first tax deed property, I have been spending a considerable amount of time researching the tax deed sale process and the tools that can be used to streamline the process as much as possible- one of those tools being PropertyOnion.com.The website seems to provide a wealth of knowledge for pretty much any property you'd like to research, and provides data that could be useful to a variety of RE investors.

The clients we have who have been cancelled have needed to go to the nonstandard market, like a Lloyds of London.   

This deal seemed like a great opportunity for cashflow at a low purchase price.

I've also walked through homes like that and thought the same thing...then behold, they go under contract sometimes even above ask.

Candidly, I like to send them to collection so it does report on their credit.