Like someone else said better to buy land that is already suited for use. 

There is no set time for the county to foreclose on the property via a tax sale, according to this article purchasers of the tax lien certificate have to wait 5 years, as the owner has a redemption period after the tax sale, so you could be waiting a while, and if I'm not mistaken, you have to pay the taxes each year until the 5 year period is over, then you have to file for a deed or file a lawsuit to quiet title.https://smartasset.com/mortgage/how-to-buy-tax-liens-in-cali...Hope this helps,Dustin

For a long term investor:Would it make sense if you could buy the home at a steep discount and then let the owner stay rent free for a specific period of time?

Because they buy into the dream the guru promotes?

Quote from @Jerry Huerta: Quote from @Jerell Edmonds: One of my goals for this year is to buy a property OOS and another one in my backyard.

How where you able to buy a house w a  cc?

Hey @Andrew Self Are you going to buy a property through an LLC or your personal name?

I wouldn't consider buying real estate if I didn't have $160K cash in hand.

We're based in Calgary, where there’s a lot of pre-construction happening, and we’re aiming to buy a pre-con property as our primary residence.As a first-time homebuyer, I’m weighing two options: 1.

Now, if you're buying in the name of the LLC and you're doing a DSCR deal, that will be irrelevant.