I focus on a city of about 150,000 and will invest in a twenty minute radius of the city.

I have already went to the court house to look into tax deed sales and they said they havent have had one sell in over twenty years.

Twenty five?

The house was listed in the twenties and went down to $17,500.

especially since it would be a large chunk up front vs trying to collect that much rent over time to acheive that same profit margin, it would take me close to twenty years of renting to achieve that much cash profit from the building that flipping it would do.The house is in a strong neighborhood, and should draw nice tenants if managed correctly.

Or TWENTY?

One for twenty years and the other one for ten.

We are two men in our twenties looking to invest, with moderate to little income.

My personal opinion is that inflation will likely rise over time as the economy roars back.

When on of your buyers dies and the interest goes to their estate, it may be settled amoung two or twenty people and if one is not found in that estate there may be a problem, now multiply this times 50.