Prior to purchasing a zombie property/foreclosure, you will need to perform a title search to understand what liens are attached to the property and owner.

The costs could be justified if the rental performs well (a little less profit short term, for longer term appreciation gains and with little to no effort on my part).

While every IRA must have a custodian creating a special purpose LLC can allow you to bypass the custodian when making investments and performing transactions which can save time and money. 

The investment is on track to significantly increase in value and contribute to the long-term success of the portfolio.

Either model takes a lot of commitment to run successfully.

--------In Kansas, the waiting period for a successful bidder to receive a Sheriff's deed after a tax lien sale is usually around 90 days.

I have had a fair amount of recent success because I offer a pretty high rate of 11% secured by note and deed of trust on my houses in va and nc  but want to hear other peoples success stories besides local meetups.

Too many gurus make it seem like someone will have instant success and when they don't here comes the upsell.

I've had success with 2 short-term rentals, and wanted one more in relative close range to work and life.

This pilot program could be expanded to the entire city if they deem it to be successful.