I'm in Jefferson county and basically there is a 3yr redemption period.

Nice to meet you, @Jerrell Jefferson!

If part of your bid earns 12%, and part earns 0%, then all averaged out together it might work out to 4%  That's still more than they can get with other relatively safe investments.The hedge funds are generally in Baldwin, Jefferson, Madison, Mobile and Shelby counties.

@Scott DeFries - If you want to stick to MD, you can find multi family units in Fredrick County, or if you are open to other states I have seen some in Jefferson County (WV) and Winchester area of VA.

I followed the steps to pick the properties from the tax delinquent listings of Jefferson County in Birmingham, Al.

It's a packet of apartment buildings in Jefferson Louisiana. 77 units in total.

@Kyle Jefferson, to be honest I think the bank prefers these types of loans. 

Helllo,I have used Jefferson Title.

@Jonathan PliszkaThe areas of the city that i'm looking into are in the northwest side of the city so: albany park,Jefferson Park, Portage Park, Edgewater(if a good deal comes along lived there before and i love it there would like in this building if i had one there), and Rogers Park.You read my mind with your reply on section 8 since i didn't believe you could be forced to comply with section 8 housing standards but with it being such a sensitive subject i want to have a very solid policy on this. i am in favor of doing a move in fee over a deposit for the specific reason that you brought up deposits cause so many problems when it's time to give them back and people tend to like move in fees since it's easier for them to move into a place since it's normally never more than say like $500 or $600. with your pet fee do you charge a monthly rent amount as well ?

@Jason Fletcher You may want to look at the tool www.crimemapping.com in Jefferson County if you are concerned about safety, it relays the recent crimes and what types of crime they are.