You are not allowed to compound interest.If you bought the certificate from the state on a best price offer, you charge interest on your purchase price, not on the full amount of the taxes that were due, but were not paid by you when you purchased.After you obtained your tax deed, you are entitled to something called "mesne profits" if you file an ejectment lawsuit against the former owner and they redeem during that lawsuit.  

No I drew up my own contracts and filed the paperwork myself

If he doesn't move out you have to go to your county precinct office and file for eviction, at which time they will give you a court date and a constable will notify your tenant of the court date.  

Originally posted by @Warren Ifergane:@Joshua DorkinWe will be filing a lawsuit for inaccuracy in a comment.

It is a matter of how bottom-line-oriented they are and knowing how to file insurance claims.

It's more about how to multiply the number of homes producing that cashflow.Bless

I have no concerns about the owner filing for bankruptcy or any issues with a bank.

Filing a police report is crucial.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

No I drew up my own contracts and filed the paperwork myself