Through discussion about acquiring a large project, we tossed around the idea of getting a HELOC to handle the 20%.  Then, out of the blue, my father in law sends me a text asking if we had any ventures to invest in, ...

Fourth, time for me is precious I spend the majority of my time traveling for work.

I know that networking takes time and it sounds like that is or will be a precious commodity.

However, start the eviction proceedings ASAP so you don't waste precious time.

@Precious ThompsonYour profit will be at her expense.

If you have valuable art, jewelry, or a car, you can get cash refinance to get the cash out.

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.

@Precious Thompson  Is this a home you want to buy or list (your profile says you are a realtor)? 

Hi Precious.

Time is your most precious non-renewable asset... cut to the chase on what you exactly expect from them and if they choose not to work with you, it's best for you and your business to know that now!