You can get a better deal if the property was a short sale because in this process you will get the profit as a buyer with no loss.

I think to clarify, in North Carolina, when buying tax sale properties, the previous owner has a one year period during which they can challenge the foreclosure process by arguing they weren’t properly notified during the foreclosure process.

Thanks for the advice.Still didn't open yet a US account because I'm investing with a partner (also lives abroad), and after consulting with a lawyer and CPA it makes sense that my partner and I form an LLC for the property, which means the account I open won't be under my name personally (but we will open an account in the States).I'm not sure how much I like the idea of moving money through a British bank, doesn't it raise costs adding another mediator in the process?

I am in the process of rehabbing a rental property and although this situation is currently moving along smoothly, I am at a dilemma if I should focus all of my energy in the rental property or should I also be looking for other deals?

Pay or quit sent first thing on the 2nd.The faster you begin the process the less money you lose when it ends in eviction.

I am in the process of rehabbing a rental property and although this situation is currently moving along smoothly, I am at a dilemma if I should focus all of my energy in the rental property or should I also be looking for other deals?

Any thoughts on going this route versus just establishing the LLC on Legalzoom for half the cost?

According to the mass Landlord / Tenant laws: "On the anniversary date of the tenancy, you must send the tenant a statement of the interest owed with a check for the interest, or you must notify the tenant that s/he may deduct it from the next rental payment"Sorry if I'm talking in circles, I'm just trying to understand if there's anyway I can remove myself from this process while at the same time making sure the tenant gets their interest in the form of a check every year...

The same process will need to be repeated if there are several beneficiaries of the estate. 

In the process i have also bought another home and now having chase bank finance the mortgage for the second home.