I think you're ready to purchase a tax-deed the major down-fall is that too many foreign investors and small capital groups come in and buy the best properties near or above market value....There's a bunch of posts on tax-deeds its just you have to spend sometime  learning how to title examine (this is a key skill you will have to learn).1/2) These properties are being "foreclosed" by the local government - in general its state specific for instance in FL it is true they can be redeemed until the second before sale however after you're pretty much done for (however if its a valuable property and any of the previous owners in the chain of title have a bit of cash to throw around you'll be forced to defend yourself in court which can be pretty expensive).

I look forward to learning as much as I can from this site as I progress to my goal of financial freedom.I am an Accountant and I work in Government. 

The government forces banks through fAir lending act to not discriminate by a given area .

Honestly, I have never understood this LlC crap to protect against collection I will assure you that the government can collect from you no matter what entity you hide behind.

The government of England made a very big fuss about this:https://www.gov.uk/government/news/e-cigarettes-ar...If you own land, you get to decide what happens on your land. 

@Vivian O. the simplest way to think of it is that a Warranty Deed gives full ownership and maximum rights to the owner with no restrictions other than those imposed by the government on all properties and by your lien holder if you have a mortgage.A Trustee Deed gives ownership with restrictions. 

The health department will send government inspectors into tenants’ homes.

Means you better learn everything bout Right of ways, utilities, building codes and tones more.. but hey.. if you don't learn those.. you will lose everything .. as REAL ESTATE is based on the land, the government laws locally, and every technical detail , laws, and technical jargon and fact including business law and contract law !!!

Good deals can be found anywhere, government interfearnce and control of your business is a different matter.

The government up there also makes it hard on landlords.