My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.

Since you mentioned a construction site injury in your initial post, the best way to proactively avoid premises liability claims is by keeping a clean worksite.

Statement:I'm 1 of dozens of partners involved in a transaction at any given time.

However, we typically use the FHA-203k loan because it involves a renovation, which I highly recommend if you are looking to really boost your equity and have the cost of the renovation wrapped into your loan with a VERY LOW AMOUNT OUT OF POCKET.I like the FHA loan, but honestly, the Fannie May Home Style is an even better product at this point because you just have to bring a bit more cash to the table 5% vs. 3.5% (w/ FHA), but you have a bit more flexibility.  

They should have a process for this that will likely involve probate.

Like anything involving holding of funds, your client should do his own due diligence and you should refer several to him if you are going to refer any.

Good Cause Eviction, the 2019 TPA, the history of moratoriums, and the clean slate act sealing criminal records and other offenses. 

I had a few properties when a lady that owned a cleaning company I had contracted with previously approached me about combining forces on a property management company.

Its already long distance but if you have no desire to be involved, no boots on the ground in anyway, it may be hard to make it work.

@Jason Tucker  you need to add in your utilities, common area cleaning, and turnover costs to determine if it makes sense.