It also fits nicely into the affordable housing classification. 100% occupancy and 100% of rents collected in April during the Covid-19 crisis, beautifully recession resistant.

So that the moment you get the property under contract you sell the rights to the contract to an end buyer and you collect your assignment fee.

Fixing up units, renting them out, collecting rent, handling maintenance, etc.....or are you looking for a more passive investment?

Gently ask the tenant to provide evidence of being laid off, collecting unemployment, etc.

I got lucky on this one, my next steps could have been:` Find out how excess funds collected at foreclosure auction were distributed (they rightfully should have gone to clear liens, usually junior ones, and any excees funds go to the previous homeowner) in Missouri.` File for "quiet title" and it may or may not have worked.` Pay the lien off, and lose a ton of money.

And let her know that since you have not received the property back from her, you will evict her and her rifraf once the courts are open for eviction and it will go on all their records, and you will haunt her for the rest of her life keeping the unpaid rent as a collection on her credit report until she pays it. 

While it is very difficult to collect on a judgement in Texas, your sister has a good chance to collect someday as the property is most likely non-exempt

Background/credit check, income verification, talk to their boss, talk to their last two landlords, collect a security deposit, etc. 2.)

@Don Thornton does your contract state you pay monthly flat fees, fees based on rent collection or whichever is higher?

Haha....ok I'm joking, kind of...All those things are important, but first is credit score(700 or better preferred, can go lower if other conditions are optimal) and no previous evictions, no felony convictions(especially violent or sexual).