While this doesn’t cut out the middleman completely, you can find excellent investment opportunities for flipping houses at a much better price than you’ll find on public real estate markets.

Michael makes some excellent points here.

This structure lets you leverage rental income to qualify, without needing traditional income verification, making it an excellent option for building/scaling your portfolio.

However, if someone sues you and wins, they could take all of your rental properties.Better:Using a separate LLC for each rental property.

That waiting time will probably be shortened in the future.The winning bidder at the most recent auction has the right of first refusal to buy later years' liens at the same redemption rate. 

Your chances of winning are close to zero.

I tried to follow along with some other forum posts and youtube videos on how to setup an excel sheet for IRR

Remember, it's consistent base hits that win the game! 

(excel) Thanks everybody. 

She has experience with excel and quickbooks.