Peeling paint you have to examine.

Tax-deeds FYI have a title report you can view for free - Its done by the National Title Abstract Company (you'll find it on the listings).Your biggest liens will usually be municipality liens (code enforcement, housing standards ,various local agencies,etc..).To learn how to examine titles you'll probably have to learn it on your own - I can give you the general steps and checklist that I've built up from the past year of examining titles (I'm still learning since no one wants to teach me without working for them full-time lol).https://www.alta.org/media/pdf/CH01.pdf (ALTA has a great sample .PDF to grounded yourself in title terminology)https://www.biggerpockets.com/forums/642/topics/57... 

It seems like a lot of people expect great investments to glide right into their lap every time they come around; and I think that's interesting, because sure it happens, but really only once in a blue moon.I only recently thought about this questions a few weeks back taking to an investor who won't get into business with anyone who doesn't dedicate at least an hour every day to educating themselves about specific markets and/or looking through financials or examining comps - just anything that would produce some kind of value to their portfolio or business in general.Wanted to spur off a conversation: what do you think?

Supplemental jurisdiction over the offering may cover other states, but you run into federal preemption again.When examining the issuer, background checks are a minimum. 

@JJ OnoOnly the $250k would be examined and I doubt that would have a positive cost-benefit. 

@Christina MahesseThere's an old concept in tax called "risk of loss".I'm assuming this SFH/vacation house won't be rented out to simplify the explanation...Generally you would have to examine who is on the title and who is named on the loan.If it's one person, then generally speaking that one person can claim interest/taxes, etc to the extent allowed by statute. 

In exchange for their certifying the plan, the examiners do not review the application and usually issue a permit very very quickly.  

 Iam a student taking the three real estate courses required to take the state exam. In

Also, ask someone else you trust, or someone like @Jay Hinrichs to examine the deal, after you have all the information. 

My question is, when it comes to tenant selection, does anyone ask the PM for the ability to examine the candidates and have an opinion based purely on things like rent to income, overall DTI, job time, job stability (W2 vs. 1099/self-employed)?