This is a story from my past that provides a perfect example as to why investing in tax liens at auction is so dangerous for any but the most experienced and knowledgable investors20 years ago I purchased a SFR as a long term rental investment that sat on a double lot.  

Cash flow is difficult here in California, and so I'm looking for opportunities that have strong appreciation and long-term growth opportunities with strong tenant bases to complement my long-term investment strategy.I appreciate any insight and stories.

Loan interest is deductible based on it's use-not the asset securing it. 

I do condo plans as part of my W2, and these SF calculations can vary based on the coord with the attorney and owner as far as how the association is originally set up in its budgeting for dues.

@Eric Johnson   Investor and lender based in Dallas.

Value is based on each individual and they will need to determine if they think there is any value.

Im based out of ATL (Office in O4W).

BP will be the perfect place to find a mentor or just take notes from others experiences to add to your back pocket. 

We do NOT swing for the fences preferring to hit line drive base hits time after time.

The experience varies based on location, tenant management, and financing, but overall, it’s an excellent way to get started with minimal upfront costs.Good luck!