What we do is we always purchase with an LLC, and then sign a Joint Venture agreement under that LLC.

Nice...definitely would like to follow the updates to your venture.

I'm in the middle of launching another venture, so my time seems better spent there than in court. 

Before venturing in again I decided to make a couple a changes, 1.

Ed, there is not enough information to answer your questions.did you foreclose the right of redemptionhas the judge sign off on your tax sale certificateis the property occupied or vacantdo you have to file an eviction of the existing owner or tenantdo you have enough money to foreclosedo you intend to get a mortgage on itI have done many tax sales deals - my objectives could be ..... 1. sell it now after legal ownership is acquired2. clean it up and sell it for a profit3. keep it to rent4. offer it at public auction - let others bid against others to push the price way up5. sell it back to the owner6. put together a joint venture - raise money to renovate it 

If the deal is small enough and all investors can stay actively involved, you may be able to do a joint venture and keep your costs low.

I wish you nothing but the best and here is to wishing you a successful 2017 in your REI ventures! 

Now that those ventures into the PE markets and doing this business at large scale are part of my past, I'm extremely excited to get back to my favorite part of REI, meeting people, doing deals, and helping other fellow adventurers in any way I can.I am very excited to be part of the BP community.

I'll be up to some new business venture again soon I'm sure. 

Check into Equity Pro, New Beginingz(correct spelling), First Alliance Capital, and Vault Ventures.