Hi Donald,I'm a mid-westerner living in Australia.

@Brandon Watson, The tax deed trumps EVERYTHING except local government liens, like grass cutting liens, demolition liens, sewer assessment liens, and sometimes fire dues and library dues. 

Ben Leybovich TrumpU as is as much of a fraud as the Donald himself.

I agree with @Donald Shaver.

I haven't seen anything like this done before, but con number one you listed would trump all of the benefits IMO.

@Donald White.

Yeah, if going BK on 900Mil like Trump did. 

Think before you write @Paul Sandhu -- Boston wins this one.The point is real simple: One cannot create a business model that ignores local laws and regulations and then turn around and say that the business model trumps government laws and regulations on the grounds that otherwise one would have to change the "business model."

I'm 30 days into a 90 day eviction process, and am looking to sell this house, as is value approximately $40k.This business can be tricky and it's easy to lose all your money if you're not aware of lending laws and other rules, as well as tax liens, which can trump your first position lien on the property, and code violations where a city may condemn your property as uninhabitable and there went all your hard-earned money.   

I am no CPA (so please do not take this as tax advice merely the personal pontifications of a fellow investor), but the new Trump tax laws and the reduction in pricing of cost segregation studies make owning investment real estate so much more valuable.