Here are a few comps in the same subdivision: 4114 Justice Lane Garland $141,500   1554 sf4201 Tynes Drive Garland $152,000   1641 sf4030 Sweetbriar Drive Garland $124,900 1390 sfThe subject property is only 1378 sf so that puts the value at $125,000A big plus is it's in Richardson ISD which would make it very easy to rent or sell down the road.As a slow house hack, I would say it's a go.I'm a HUD broker so if you want me to put the offer in for you PM me.

With that being said, this is a different strategy than buying a property more specifically as a vacation rental investment; I would only recommend the first idea if you were already thinking to (and capable of) buying that second home as though you would never rent it out (or only on a limited basis) - in other words, you can and plan to carry the debt service on your own - and the potential rental income is just icing.

I wouldn't worry too much about depreciation/appreciation, that's just icing on the cake.

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He had never seen it before, but looked it up and it means Department of Justice Right of Redemption.

Department of Justice."

You can contact a lady named; Thea Justice.  

Retired after working 45 years in the criminal Justice system.

So Im looking at a forclosure property, but the listing says DOJ ROR on it. Because of this, the listing was cash only as the financing from a previous offer had fallen through. Appearly banks do not want to mortage o...

Asking landlords to fix a problem created by an unfair justice system is ridiculous.