I’ve heard stories of jails going in a small town and property value and rents dropping like a rock Or low income housing complexes being built in otherwise decent areas and then the rents start decreasing and houses go up for sale that can’t be given away

Unless you intend to dump 200k plus into this, you wont need a tax attorney till later on, same with a CPA, you can get you LLC and start rocking along.You can also go to your local real estate meetups and ask around who buys tax deeds and who they used to make it happen. 

So this could mean you are getting in on the ground level at a rock bottom price.

Even if we get another 2008-2009....I'll still be miles ahead on the last 5 years of run up alone, and I'll just sit tight until it bottoms out and buy everyone else's shares at rock bottom prices and watch it swing back up again. 

I am only 6 months in and I am already well aware that this whole process is learning from the mistakes or missteps we make, and I am curious what you all may have encountered in your journey.Y'all are rock stars!

You might find a deal or two that makes sense in the secondary markets (Round Rock, Pflugerville, Georgetown, Hutto, etc...).

Cops will talk to the parents, parents will talk to the kids, kids will find someone else to bother.Note: they may also decide to throw rocks at your windows.

Rock Chalk!

I invest in this strategy through a full service company in OKC called Berry Rock homes.

Here're just a few I like:Lifetime Cashflow with Rod KhleifWheelbarrow Profits with Jake and GinoBiz women rock (podcasts don't have to be RE only, they can be general education/motivational too!)