He also describes them very well, so you don't miss out at all.His other book "The Book on Investing in Real Estate with Low and No Money Down" is also great, but unfortunately the reader is pretty terrible and distracting, so I suggest reading it on paper or Kindle.I wish more Bigger Pockets books were available via audio!

That said, I'm sure there are plenty of TK folks that are totally professional so I'm not picking on them--just speculating on the source of the OP's experience as described in the post.

@Jenson Buttwerworth & @John WarrenWhat John describes is called equity stripping and can be done through various ways - one is getting a LOC, another is having an LLC you own "lend" to you...the end result you end up with a lien on the property showing a lien holder with a note/mortgage for the X amount, thus signaling less equity available in the property, but not necessary with the actual debt (as long you don't draw from the LOC).But then again, that is a question of risk threshold and asset protection (and a reason to move them into an LLC), not an answer to leveraged or unleveraged question.

$650/month for the house you described seems to be too low in my opinion.

Re: redemption of property, returning deed to ownersbought this property at tax auction...The constable sent the deed to me and it states " I hereby convey to the grantee (me)all of the rights, title, and interest owed by the defendants in the property described above"So I guess what im asking in your experience ...is there anything I have to do before mailing this deed to the former property owners?

I was told that it was not covered because I should have gotten a land survey during my due diligence period and that the policy covers only the land it describes.

@Ilmar Molderg i live in houston and invest in CT and manage everything myself. however i certainly respect that you want a manager and also someone to find and calculate deals. to be honest, yes you’re sort of right that someone may just keep the deals for themselves. i guess what comes to mind is that you need to find a really good agent that is familiar with investments and also a really good wholesaler. both of those people are fully capable of running numbers for you and helping you like you’ve described. i invest in the central CT area but may be able to refer someone to you.

Note that these aren't pure C class properties, I don't think, as I described above. 

Good Lord, if that does not describe REI, I don't know what does. 

I've seen quite a few posts on BP on this, but many are old and may be outdated, and there are none that I've seen that have specifically described if multi-state is included.