Purchase price: $158,000 Cash invested: $30,000 Just purchased a condo in the treasure cost of Florida.

Call the county treasurer's office, or visit them in person, to obtain an accurate picture of what's going on here with the back taxes.

I decided not to go this route because you can’t rehab until the property is deeded to you (if that’s a word).Lastly, you can find properties that are behind on taxes on the Cook County treasurer’s website and search Annual Tax Sale or Scavenger Sale. 

I’m curious if anyone has any advice or has done anything like this in the Treasure valley/Boise area (where I live) and if so, I’d love to buy you a coffee or something and ask you some questions about it.

I invest in the Treasure Valley, would love to connect. 

The second approach would be to learn the ropes with a more experienced investor, and come away with a treasure trove of knowledge/experience.

Just a couple months ago it was on the news that for supply to catch up to demand in the Treasure Valley an additional 10,000 units are needed.  

For example, a tax lien investor may end up with a land parcel and a treasurer's deed and wish to then sell that property, but the title may not be warranted with only a treasurer's deed.

I know people who have been on the board and it is a lot of work with no pay.With that said, being only four units you may end up on the board whether you want to or not (President, VP, Secretary, and Treasurer).

I have a hoarder house that I always wanted, but never knew what the struggle would be, I was, obviously expecting to find... buried treasure!...