Based on this article (https://www.thebaltimorebanner.com/community/housing/baltimo...) it looks like that out of 41,000 tax lien sales, 1,750 were foreclosed on.

. :)Writing a book on "How to entice your evicted tenant to leave for a weekend while you clean out the house and change the locks" is not teaching real estate.

Away from the coast, no hurricanes, fires, floods - we don't even have snowstorms anymore.People can deny climate change all they want or blame it on sun cycles, and frankly, it does not even matter, the reality is that insurance cost will force the issue.You can try to rebuild and you can put houses on stilts in flood areas, or fortify them against high winds and fires, but that makes it expensive.

If my stories scare them (and they often do), they should NOT be investing in Detroit.But I'm equally tired of the narrative that these sorts of houses don't work as cash flowing investments.

Little did I know it would take decades to ripen :)3. bought a foreclosure sale .. traded the house for the 3 acres the person who owned the house. 

I was also lucky to get someone who I could pay to show a house or open up a unit for a handyman. 

The house was a 3 bed one bath.

Have an intro call with them tomorrow and will likely move forward for 2023 taxes (have W2, a duplex and an Airbnb beach house)

The smart ones house hack and buy rentals, but the good ones know that their clients come first.

I assume a higher upfront cost as far as land purchase and the actual build but you would have a brand new house, instant equity and hopefully maintenance free for quite a while.