I have millions of dollars of real estate.  

The mailers I send consist of distressed properties that I drive by using the driving for dollars method, pre-foreclosures, divorces, and absentee owners. 

Every dollar lost to operating costs means one less dollar for you to live on.

In addition to this amount, the purchaser may also add to the redemption price the dollar amount of any subsequent property taxes the purchaser paid on the property after the tax sale took place.

Those don't cost thousands of dollars. 

And they will only offer you pennies on the dollar.

But this is far better than spending thousands of dollars on a apartment nearby.

I know one current project is a $100 million dollar mall being developed in  buena park, California.  

If you’ve never owned a rental before, I’d highly, highly, highly advise staring out much smaller than 13 million and 100 units, and frankly unless you have 13 million in cash no bank is going to lend someone with no experience 13 million dollars, I’d start with multi family in one of three places, a class Baltimore, canton, fells, Fed hill etc, Frederick or the eastern shore of Md all of those markets are somewhat affordable have good tenant mixes and a relatively safe, see how it goes, if you like it, than buy another 2-4 unit, than another maybe once you have 8-10 units if you still like it, still are making money than go for something bigger.

It just takes longer days on market (30-60 days) and lots of conversations with landlords explaining why people have more options and go with the best one for the dollar and why we have to be more flexible in terms of pricing and requirements these days.