Indiana tax sale strategy

[Brian Horwitz]

Well, It is tax sale season here in Indiana and I am interested in dipping my toes in the water of this jungle. I have looked at many houses on the list and was wondering what kind of strategy works best if you are interested in acquiring the property and not just getting the interest money. I just want to get properties for a good price, rehab, and then collect rental income for myself. I'm sure most the of the properties have been sent a letter from someone wanting to purchase already. Is a vacant property better odds than an occupied property? Run down property less likely to redeem? Are Information searches of the owner helpful? Are C class properties the most likely to redeem?

I have limited funds so will have to select 5-10 properties out of several thousand. How much over the face value do people typically pay?

Thanks

Brian