In most states, there is a very distinct difference between the "Delinquent Tax Roll" and the "Tax Sale List" - which I think @Jeff Zamora was alluding to above.Delinquent Tax Roll: This list contains all the properties in a given county that have missed at least one tax payment (as per @Sean OToole's outline), but these properties have not yet been seized by the county in tax foreclosure (i.e. - in California, I believe property taxes can go delinquent for up to 5 years before they're taken by the county). 

Done with a sense of grace.The only distinction in lending is to SEC and banking laws exempting private transactions, private lenders known or related.

Actually I'll make a distinction and say you can get "Rich" (By that I mean a very high income) very fast in Real Estate.

@Anthony Lee  thanks for that distinction.  

There is a great value to the FD and I believe the distinction between a conveyance of full interest (land included) is unsupported given the fact that people can donate property while retaining a life estate - but, the law appears settled.

A strong will, a settled purpose, an invincible determination, can accomplish almost anything; and here lies the distinction between those who become great and those who remain little." ~ Thomas Fuller

This is an important distinction in places like Breckenridge/Summit County, where the city of Breck has essentially banned new vacation rentals, but Summit County allows them.Good luck!

Hosting someone on Airbnb vs. renting to someone is a distinction without a difference in my mind.

@Matthew Stoughton There is a BP Meetup sponsored by the wildly handsome and distinctly articulate @Phillip Dwyer in Henderson next week, 1-30-14, 7:00 PM at nacho Daddy's just off the 215 and Easter.

What would be the best way of:a)  Purchasing a property for $100Kb)  Purchasing a note for $100Kc)  Buying a property to flip for $75K and put $25K into repairsCan I use personal and 401K funds in the same investment as long as there is a clear distinction between the two?