I think your state is an exception if that is the case. In

Here is a good site to check out Pubic records onlineIn the case of a tax sale property, the foreclosure process has to be examined to determine if there could be any challenges to the case. In

(Case in point- An agent friend of ours *used* to use a GC to bid all of her client's projects.

Could be the case in your area based on what you wrote.Yes, permits will be required.

@Bill Gulley I don't think it takes a really hot market for that to be the case. In

The only thing I am accruing is property tax, and that is a for sure expense that will be taken annually (in my case in OH, two times a year) this helps me keep my income statement as accurate as possible, and keeps my balance sheet at accurate as possible.

I'm in a VA buyer heavy market, and this has been the case in my experience, as we tend to have buyers with a very set income.

I think you once mentioned in a post that that was the case in 95% of the transactions, which I'd think is an accurate estimate even though there aren't any official figures.So, the SHF indexes essentially pertain to segment B while anybody on BiggerPockets would most likely buy in segment A (and @Artur A. was asking about pre-construction, which is clearly segment A).This is why I ignored the SHF indexes in my analysis but I should have mentioned it for completeness.Aside from completeness, there's actually another reason why I could have mentioned these indexes as well.

There was a recent case in NH where a HML got slammed over this. 

I was reading a bunch of articles that said that you can start in this business with little to no money and I quickly learned that is not the case.  In