Despite its high purchase price, the neighborhood's strong market demand and low renovation needs made it a promising investment for maximizing profit with minimal turnaround time.

This is part of the "due diligence" period, and it is so important.My advice would be to figure out the demand in the area for larger spaces.  

If not that than it might just be a demand issue.

@Stephanie MbayaLSU's high rental demand and affordable property prices make it an ideal location for house hacking.

If inflation and yields stay high, we might see more buyers sidelined, which could cool demand and stabilize prices.

As a landlord be symethetic to the tenants, and use your available resources to assist when they need it, but do not give into demands for situations outside of your control. 

You’re thought process is good, BUT, if your market timing is incorrect, or the specific property you purchase lacks tenant demand, you can get stuck with an “alligator” for a long time.  

These areas offer a mix of renovated bungalows, new construction, and industrial conversions, with increased demand from young professionals.

@Charlie KrzysiakCondos in Dallas offer affordability, lower maintenance, and strong rental demand, making them a good investment for those looking to build equity and reduce living costs.

Quote from @Jamie Bateman: @Chris Seveney well, I don't want to increase the demand for the next trade, but with the HECM NPLs you get interior photos prior to bidding.