Tax Deed - First Timer

[Wesley Davis]

Hello BP community!!

I have came across the world of tax deed investing but feel that there is still so much to learn. So I would like to hear the good, the bad, and the ugly of investing in tax deeds. I have yet to invest but my background is in architecture (9 years) and more recently a real estate agent (6 months). 

A little background as I understand states and even counties have different rules. This will take place in Florida and there is an online bidding process. To my understanding, the auction starts off at what is owed from the delinquent taxes (like $5k-$15k+) then the highest bidder then "wins" the property. That being said, the "winner" also takes on all active liens against the property. If someone could elaborate about how to find all possible clouds on a properties title and what I am really getting myself into, that would be great. 

Thank you in advance!!