If the taxes are being paid by the bank then it is a good guess that the property is Bank Owned.My suggestion would be to find a local Real Estate Agent with REO experience and talk to them about the property.The whole process is long and slow,  Patience is key

Both rents and property prices are still increasing, although the rate of increase seems to have slowed.

I also do want to start slow, so thinking of either purchasing one or two units to start with and taking it from there. 

Hey everyone, I am a mommy to 4 (5, 2, 6wks, & 6wks) I have been looking into flipping houses for a few years now (I know I'm super slow but it's scary) I had bought my 1st house when I was 19 and it was the pits I spent made it liveable and then we stayed there for 5 years until we decided to sell I spent about 8 months completely redoing everything while living in it with 2 little boys.

As long as it is in the ira, it will continue in its tax deferred status...you will not pay tax until you start making withdrawals (typically in retirement).In my opinion, purchasing SFR with an ira is not efficient, as in rental property.

Sorry for the super slow response... but thanks Marlon, Curt and Mark for the welcome and Chance for the words of advise! 

Its interface however is painfully slow in setting up the guidebooks but at that price, who can complain?

It's a very stable market, and despite the permit for construction (residential) has slow down considerably, the price remains very stable.

They are a tad slow but you can often find 50% off coupons and free shipping if you look

This allows you to withdraw funds only when they are needed (after you have found the property or are under contract) and save on some interest.