I would suggest starting with reading the IRC book all the way through multiple times.

I did all of the activities he suggested for me.

I’ll obviously contact a local attorney but any advice or suggestions would be helpful.  

This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.

Does anyone have any suggestions, advice or a strategy to share with me?

I suggest before that, get heavily networked into your target market. namely with the older investors.

I’d suggest you dig into the numbers, compare it to what a regular sale would give you, and talk to someone who specializes in this type of deal.

If you aren't familiar with Baltimore, I would suggest it's a hard no and say that you are trying too hard to make cash flow happen talking Baltimore and tax liens and auctions.

Looking into the taxes is a great suggestion.

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