Thank you @Roy N. and @Charles Morgan!

Recently went to a Real Estate Investing Workshop that was very persuasive but VERY expensive.  I did learn a lot or at least it gave me a lot to research and investigate.  I am still very much interested in real esta...

I imagine there is someone on BP that does private 2nds for N/O/O.

@Kurtis Green In Baltimore city you need to register with the city any non owner occupied property $30 a year (unless there is a vacant house notice n the property then it is $130 a year) renew every Sept.

I'm looking to invest in the N AZ area as well as the valley... especially if a good deal arises.

Good luck to you.Mark (N-CA)

It has the potential to work out really well for you but tax lien investing is a p-a-t-i-e-n-c-e test.  

However, after the N/O/O bump, and probably a bump for 3 units, let's assume 6% on a 30-year term.Loan Amount (75%): $184,425Monthly P&I: $1,105.72ADS: $13,268.64CapEx (2%): $658.92 (First off, CapEx is not an operating expense; which is why I'm putting it down here.

@Roy N.

My father has Beene N real estate buys and sells for about 40 years and he has taught me a little bit.