Additionally, the charming architecture of the homes along the street enhances its appeal, making it a prime destination for investment.

Reward here...my time is worth a lot and I'm sure yours is too...its gonna cost you more than the time it takes to make a phone call...I'm not saying I'm a hands off property manager...but I do it efficiently and I do my due diligence when screening and purchasing...this problem could have been solved before the property was even purchased...But you could get a gun and lower yourself to his level if you want...

It's a thrilling and rewarding world, but it can also be overwhelming for newcomers.

Through the lens of risk vs. reward, probably not worth it just for depreciation benefits in my book!

Several books like "Am I being too subtle" will help to understand risk-reward.

However, I understand my circumstance isn't favorable, but possibilities are endless, as well as creativity is rewarded, from my past experience in business.Its not as if I wasn't previously employed. 

As with any market, there are risks and rewards that need to be carefully considered.In the words of Wayne Gretzky, "I skate to where the puck is going to be."

So you need CASH and you need to be able to do your own title reports and prep your own deeds  because many times your taking title the day before the sale and having a Courier take your cashiers check to the foreclosure trustee to bring it current or pay it off.. its a big risk play  no title insurance  but that my friend is where the big scores are made RISK=Reward until it became illegal in our state  of OR WA and CA.

It can be rewarding to provide decent housing in a space where it is rare but it is very, very hard work.

They're certainly is a risk/reward balance to sub to, make sure you understand the process from start to finish.