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Mass Development Downtown
Hi,
I am looking to get into some real estate investing and flipping. I just discovered that in the county I'm living in, they sell tax levy sales every first Tuesday. It's a very lucrative deal to secure some property. After going through the list that they're selling off today, I found that many of the properties are in the downtown area--many within a few miles of a medical college. The down side is that they are in very poverty stricken neighborhoods. Nonetheless, I see opportunity.
I'm thinking of buying many of these properties and flipping them. I think it would be cool to start transforming the area. Thoughts?