What are other contingencies that i need to consider.Regards,Sandy

@Sandy ReddyWhen bidding, the tax lien may already have been added to what ever the starting bid is. 

I am currently in Sandy Springs, GA (Atlanta) and relocating to Hampton Roads, VA (Norfolk) in the near future.

Mala,I only lived in New York short term for about 6 months while I handled Hurricane Sandy damage there but it struck me that Long Island has some very interesting opportunity there.

Uncle Julio's Mexican Restaurant 1140 Hammond Drive NE #100, Sandy Springs, GA 30328Only premise is to keep the conversation to like minded individuals I'm looking to host people who at least own 3 investment properties.  

- Find the most useful accounting software (Freshbooks seems good so far)- Begin learning the PlanSwift estimating software- Research local real estate sales and land availability- Meet up with the accountant and get the business structure in place- Meet up with a family member who just graduated interior and structural design school and hash out a great floor plan- Get a few polos and t-shirts printed with the company logo and pass out to friends and family who have been supporting this endeavor3-6 Months- Meet with mentor and begin shadowing and learning the ins-and-outs of general contracting- Meet with plumber about partnering up for a spec build- Meet with realtor and begin searching for a great piece of land- Meet with lawyer and setup some of the more mundane boiler-plate contracts- Research local material companies, lumberyards, etc and begin setting up relationships for purchasing materials- Go to the county permit office and learn the processes and costs for applying for permits6-12 Months- Acquire a piece of land to build upon that has been soil bearing and perk tested, in a good location, and minimal tree/brush clearing if possible- Provide the architect with the floor plan and house design so they can stamp and complete the plans package (foundation, joist, floor, electrical, mechanical, side, site, roof, and detail views)- Finalize partnership with plumber and get contracts in place for how funds will be managed- Finalize partnership with mentor for sub-contractors and get contracts in place- Get a building permit!

@Kevin Green you might want to know that french drains are usually for slow seeping soil water accumulation, and not for fast large amounts of water (which will go right over it).

Investment Info:Single-family residence fix & flip investment in Sandy Springs.

If so, can I just cut it down to the soil, or would it just grow back again?

Here in FL, we have a lot of homes with foundation problems due to karst topography/sinkholes but also bc underneath the sandy top layer, there is clay, which expands and contracts with how much rain we get.