The property was occupied (still is) with 1 tenant that I am now having the exhausting pleasure of evicting. 2yrs later, said tenant continues to try every angle to delay the court granted Marshall’s execution.The “2nd” floor was poorly renovated (bad contractors), new tenant moved in and a year later, another eviction process has started as they lost their job and refuse to move or pay.Stuck with a very large mortgage bill (that I am paying), utilities and making small repairs to keep the property up also noting the casual 311 complaints from both tenants. 

@Vilmor II T. if you plan to use the money to buy property in the next year look into a simple high yield savings account.

Since this will be your primary, I would probably R/T refi the hard money into a Conventional loan and then get a heloc on the property afterward.

I'm a casual and novice real estate investor.

@La Ferria T., @Rich Preston, @Cody Noblin, Alabama tax sale investors are entitled to take possession of property as soon as they receive their tax certificate, usually 5-15 days after the auction.

I'm looking into forming an LLC to do some out of state real estate deals in Oklahoma and I'd like to consult an attorney to make sure I'm crossing T's and dotting I's correctly.

The association acts as a property manager so no maintenance hassles3) Drive thru fast casual food buildings.  

But if you’re only casually investing, or you don’t want to commit to all the responsibilities that come with being licensed, it might be worth weighing the pros and cons before jumping in.Have you thought about the time commitment or how often you plan on buying/selling?

The lease is vital to make these situations work.You need to prepare yourself for some tough situations- you'll have way more interpersonal problems to deal with than landlording issues, so be sure your lease protects you and you follow it to a T.

@Chris Seveney This reminded me of a line in a John Mayer song: "When I really start to break it down,I wouldn′t trust a girl who knew about this place."