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Updated over 11 years ago,
Renting with only a certificate of title in Florida
Ive been talking with a woman who acquired her house through the purchase of a certificate of title at the courthouse auction. She swears that while you hold the certificate of title, and until that tax lien is satisfied to you then you may rent the property out. This sounds a littlle out if sorts to me and was hoping someone could shed some light on what I may or may not do with a certificate of title. I was under the impression that this type of investing was in the hopes that the new house would be sold and you were to collect your investment plus interest/penalties.