Maybe start with a part-time ops manager or a reliable lead cleaner to free up your time while keeping quality high.

He told me after the sale that he did not know the house had been torn down and that there was a NEW $17,000 demolition lien on the property that transferred to the new owner, him.At another sale several bidders were bidding on a house that had burn down (maybe by the owner) a few days before the tax sale. 

The seller transfers the loan to the buyer.

Starting local offers hands-on experience and control, ideal for learning the ropes, while out-of-state investments can provide better returns but require a reliable property manager.

If you first licensed the property under the property owner's name or their LLC, how did you transfer the license to the care provider?

So we would have to get a loan, pay off the seller and transfer title and then wait the seasoning period before doing a refi unless there is a bank out there that will treat it as a refi off the bat

Honestly, it seems like you’ve got more skin in the game than I do since I’m just getting started as a bird dog, but I really admire your approach.I think your focus on tax-efficient strategies and building a reliable team is spot on.

Like any investment, there’s a learning curve—understanding which properties qualify, accurately estimating renovation costs to pass inspections, and managing typical real estate risks.Having a reliable maintenance and management team in place is key to long-term success.

Also, can anyone recommend a reliable company for this?

Show sellers how working with you benefits them and how you can simplify their challenges.Respect Is Everything: Be honest, authentic, and reliable.