I bought my first house for myself in 1997, and paid $50,000 less than the neighbors on either side with similar homes,  put every cent I could lay my hands on into updating and improving it, and seven years later sold it for more than double what I paid for it.

Go through the what if szenario's and lay out startegies that will lower your exposure.

I just closed and was given a check in the amount of both tenants deposits.Right away you want to call and transfer any utilities that the previous owner was paying, as well as call and set up a time to introduce yourself to them, as well as lay out clear guidelines and expectations as to what to expect with you as the new owner, ie. where and when to send payment, contact info and info on what to do if there are any issues that need to be addressed.I just closed on a new duplex and acquired tenants, i called right away and started service for water and garbage for the tenants, as well as met with them in person, I showed up with a copy of their current lease agreement for them to have as a refresher, a basic rental application for them to fill out to make sure i had the most current information about employment, tenants, contact info, as well as had them make a list of concerns and things that need repair. 

They have a website which lays out all the Tax liens for sale.

When you buy chips at a table at a casino you have to lay your money on the table. 

Hire a RE agent if necessary, get a RE attorney to lay  out the process in each state you plan to do business.

In my next post I will lay out the numbers a little better and show what I’m dealing with now and where we plan to be by end of year.

any friendly tile company you guys would recommend that works with wholesaling contracts well.

I’m just not exactly sure how to get from here, reading and learning everyday but not being able to buy anything bc I don’t have a lot of money laying around, to there, owning my first apartment building.

Sounds simple but the few bankers I know keep laying down hurdles that are getting in the way.