Michigan Tax Deed Sales

[Melody Everett-Neddo]

(I hope I picked the right place to put this in the forums??  OK by me if it needs moved, and I apologize in advance)  

I am still new and have no deals as of this time.  I tried last year at the 2015 Michigan Tax Sales, but the one I wanted and did bid on, I did not get.   AND I did not have a backup plan as far as a second or third choice to bid on.  Fast forward one year and I have spent alot of time reading forums here on BP, Podcasts, Webinars, etc. trying to get myself in a better place to make a deal with confidence.

I have a specific property that I wish to bid on this year. I know it is in an POA/HOA and is in really great shape compared to others in the Tax Sales (Ironically there is a 4-Plex in the same POA that is also in great shape if anyone is interested in that one.....perhaps I could be your boots on the ground for that one??).

I would like to find a partner quickly (auction is Tuesday), but not sure if I have enough of a due diligence about partnerships?  I admit I am nervous about partnering..... @Brandon Turner makes partnering sound sooo easy....LOL 

I can bring 50% of the money to the deal if it goes for less than $30-35,000.  My gut tells me, that it will go for more.  SEV is $42,900.  My husband is not on board with us being landlords and thinks I should try Wholesaling or Flipping?  I was not getting good vibes from him, as the auction creeps closer, so I made him come look at it with me last night and he actually got on board to a more comfortable degree and thinks we should definitely try to get this one (I honestly think he thinks all tax sales are for run down trailers with 30 yards of trash in them).  

I am open to all options at this point and really want to get a deal under my belt.  I am also working on my team on this end.  I ask for referrals of contractors and I tell everyone I will buy a house this year.  

Anyone out there, here on BP, have advice or have done a deal specifically involving a tax sale property in northern MI?   Would love to hear your success and learning experiences.  

Thanks for reading,

Melody 

[Charles Kao]

@Melody Everett-Neddo  I would suggest when you post on here seeking partners and deals that you make it more concise.  I feel you kind of went in a number of directions and added in details that while your candor is appreciated are taking away from the fact that you could have a really good deal.  Stick to the deal because that's really what investors are most interested in and then they will look into your character second.  Before you even really got to the deal aspect of this post I was already thinking that working on a deal with you could be difficult given some of the problems you presented up front.  Instead I think the fact is that you are willing to put skin in the game (50%), done your research and are open to letting somebody else take the lead to get the deal done which are all positives that should be stated up front.  Lastly you seem to have two different purposes of this post, deal making with a partner and mentorship.  I do not think those two are really the same thing necessarily and if it is both then this should be more of a value statement on why it makes sense for the investor who would both partner with  you and mentor you.