I am doing a lot of reading and research here while working full time and while real estate investing seems like a daunting challenge I am looking forward to getting started. 

What made you interested in investing in this type of deal?

Curious to hear how others in the DFW area are handling this too!

Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FCheers from Fort Worth, TX

The timing for this varies but can take anywhere from a couple of weeks to a month, depending on the local housing authority’s schedule.Additional Paperwork/Procedures?

This will save you on subscription costs.If you want to discuss any of this further, I'm happy to answer questions and help walk you through it.Best of luck!

Are there general rules that apply about this, or is this a lawyer question?

I'm not sure if I should reach out to the seller directly or if I should work this through a broker.

If you have any experience with this, please let me know how much your investor insurance is for Florida on a vacant house.  

Am I in the ballpark that if I purchase this for $110K today, that it would yield about a 20% IRR?