Some say that real estate investing is like gambling as there is a risk reward element.

I wouldn't count on it, but consult an attorney and decide if you want to take the gamble for laying out court costs now to possibly get some money back down the road.It's kind of like a casino.

Very simple math.. you can't get 10% C on C on the coasts.. so they go looking other places.. because appreciation is gambling and cash flow is everything.. then sine they don't want to be left out of the game and they can get started with 20 to 30k in cash they go for the next best thing a mid west rental.. that's why this whole phenom works.I agree 100%, and beyond this, I've seen many long-distance, and even local buyers who shop only by "statistics", get royally screwed by believing the numbers they were given and ignoring the subjective data of their individual market to justify what they want when they can't find it elsewhere.

Anyone here or is anyone an agent for an offshore investor who buys/owns tax liens?  

And a gamble.

Other approaches include Keep your properties fully mortgaged, trusts for ananymity, insurance, single and multi member LLCs, offshore business structure etc.

So you start a file down the process using off shore labor.

Do not fall into the emotional trap of trying to outbid, this is a similar mechanism to the high of gambling. gambling does not produce good returns

Consider trusts, LLCs , c-Corp, tenants in common, limited partnership, IRAs, 401ks, HSAs, maybe offshore entities, etc. 

That was the reason why I took the gamble of not making sure the owner leave the property before closing, and I think I will never do that again.