So we shall elucidate five myths and truths about investing in them.Myth 1: Distressed Properties Are Always Money PitsMost people think that distressed properties require major renovations, which wipe out profit returns.

I am trusting you have it set up with a service. 

Here’s a deeper look:Legal Framework: The state likely took control due to unpaid MassHealth bills, which means there may be liens or claims on the property.

Every time you lower your tax bracket you are lowering the value of the deductions.

How did you find this deal and how did you negotiate it?

Several years back, this was the expansion from Queen Creek, which was the expansion from Gilbert, Which was the expansion from Chandler and Mesa....you get the idea. 

It will at least give you an idea if the PMs records are way off what you think they should be.

The process is a lot easier if you find the right agent.  

Once you know the "basics', you can then invest OOS more successfully.If you can't afford to invest in your home area, how will you grow your knowledge of an OOS if you take a shotgun approach to where you buy?

I’m considering this one because it advertises help with tax structuring and LLC advice which is appealing to me.