They were super excited to get rid of the property and I was delighted to buy them.

I would be delighted to hear your experiences.

The rental has the following:* Large 1,050 sq ft living space * Man Cave - Large 500 sq.

@Ned Carey Are you thinking i should use the caving in foundation and grading issues as my way into this property? 

Alan CeshkerIndependence Title Company – Ceshker Group3006 Bee Caves Road Suite A 240Austin, Texas 78746He is investor friendly and a member of RENC.

I'm delighted that I have signed up

We've been meeting at the Starbucks inside Randalls, 3300 Bee Cave Rd.

I guess mostly I was referring to the fact that you could hopefully get much better returns in REI.Agreed, thing about tax liens is the low financial barrier of entry, get a lien for $1,800, throw in another $1,800 over the next 3 years keeping taxes current, in the 35th month the owner redeems and we get 10% on the money.Not sure I can buy many stocks with $1,800 that guarantee 10%.Some empty property that needs work just sits there depreciating with maintenance and repairs mounting, while you wait for a deed the place can cave in.

After several days of rain we noticed the trench we dug for the water line had eroded and caved in.

@Kent Verge,Thank you for sharing the "delights" of Investing in RE.Please keep us updated on your progress with the rehab.Raymond