You should do lots of research and drive by each property that you might bid on.It depends on the laws in your state as to how string your tax deed is.I have been very luck and now have a nice portfolio of tax deed houses.I am also currently litigating a tax deed property where the precious owner is trying to over turn the county issued deed.With proper research you can mitigate a lot of the risk.There is  lot of information on the BP forums that you can study on tax liens.

After we renovate the building, we have more control on the repairs & maintenance and we have minimal capex in the first few years of holding it (since we renovate our properties the right way).Yes you do get a "pop" on the CoC when the property becomes free and clear but your ROE (return on equity) drops significantly.

Do you think the low ROE will eventually force you to move on from that property sooner than you would like?

By leveraging the remainder you get the added ROE and arbitrage on interest.Treat it like one big jig saw puzzle - that pays you to put it together!!

The unit had been ransacked - clothing, etc. strewn about, beds and furniture overturned, ... certain other details are too gross to post.

What's your ROE?

My math shows you with $450/month BEFORE those bills are paid.The biggest issue is going to be your Return on Equity (ROE).

That usually bring us the next big issue: Return on Equity (ROE).

If you are trying to maximize your ROE on the real estate, you will probably never fully payoff the mortgage, unless rates end up staying high forever.

We had a judge overturn another judges eviction order.