It's just expensive and they don't want to be house poor.Contrast that with Temple, TX, where we own another property.

Locally land is pretty expensive, might have to look into a little farther than my current area.

. ($325k downpayment should eliminate the tire kickers.) downside to your plan is you eliminate all the owner occupants as buyers.

Unless your friend plans to pay if they truly owe.  

Thanks James we plan to go with white or something that matches our theme and decor.  

Since this post got bumped, I'd love to hear any tips or tricks anyone would care to share about your last minute "game plan" if you happen to get a strong lead to reach back out/etc, with under 24-48 hours before auction.

That is the issue, I did not feel that I was provided enough specific details, so that is why I was reaching out on this forum to see if anyone has had any direct investor experience with them or any other operator who has deals that are not working out as planned so that perhaps we can learn from whatever mistakes may have been made. 

Good places are Arlington and Fort Worth in my view.Townhouses and condos are difficult beasts, I would prefer townhouses, I have some investors friends that they didn't want to go with a mantainance headache so they bought townhouses, but those are expensive and they are Long-term.Condos are a bit old in DFWHowever, all deals on that you would need to have an investor friendly realtor to help you with.

Happy to jump on a quick call, would love to hear your plans.

How much do you plan on applying towards down payment?