I'd wager they might be better at "owning property" than the previous owner, at least in the sense that the property is being maintained and taxes and levies are being paid.

Not for sure... but I'd wager on that.

I have also parlayed that knowledge into successful partnerships with out of market investors looking to capitalize on the relatively low cost of property in Texas.

Not sure what the consensus was but I'll wager that it was the typical "don't waste your money on gurus when you can get it here for free" response.

We would then parlay Bob’s initial 10% to the sheriff directly into a purchase and sale agreement between our company (seller) and Bob (buyer).We would then rent the condo to Bob for 45 days while he secured conventional financing to purchase the property back from us at a sizable mark up for our risk in the transaction.

However, I would think that you could parlay this into some other profit sectors...specially ammo sales.

Just as in the '40's when capital had to attract new labor with "benefits" because of price and wage rations.

We did get more interest in it, but we were able to parlay that into a contract on another home a block away that should close in may.

I would wager that if there was an immediate higher use for the property, than a developer would have it already.  

You may also be able to parlay your current investment into a duplex in Colorado or another state as well to increase your ROI.