Bump to that, Jamie is a good resource.

I was going to ask this same question, I know this thread is 12 years old so I am just bumping it to see if any additional new resources could be considered a "Bible" of tax deed and lien investing. 

It's a fantastic way to generate cash flow, control assets without the liability or responsibility of owning the asset, and typically can be done so that you potentially have a 25-20% bump in equity if the deal goes South and you have to take the property back. 

I was fist trying to qualify for a conventional but since I can’t verify some of my income and my tax returns are a bit of a mess, I’m going down the DSCR loan path.

On New Year’s Day 2008, having sold nearly everything we owned so as to be able to get back to square one, I sat on the couch aimlessly watching football working through the haziness of a new year with a 2-year rearview of a lot of bumps and bruises.

Typically, you will either get a credit tenant without a ton of lease term, or a tertiary market, or limited rent bumps, etc.So the things I consider in no particular order(not that I am a well versed NNN investor):- Tenant credit- Lease Term (current term and any extensions)- Tenant Sales (and understand what a successful sales volume is, or ratio to rent + NNNs)- Is building current tenant style (i.e. new Chipotle's have "Chipotlanes" for drive-up pickup, so buying an old format is that much more likely to not renew)- Demographics of new locations vs yours (i.e.

Bump!

It is median priced for median income so I think you're safe.Our management team says newly renovated in that area is 1495 for a 3/2.5 townhome and we would price in $25 to $50 bumps every year to every other year. 

Bedroom Counts are King: 1 Beds/Studios are terrible IMO as you get "Lone Wolf" Tenants only on One Income. 2 Beds are your standard bedroom count, but then your competing with the local apartment buildings so getting Premium Rent is harder. 3 beds are great as they are more rare in the "Apartment World" so you can basically get a Bump-Up in rent as its not standard. 4-5 beds are AMAZING as they aren't standard and you can get much higher rent prices in general.I've actually house-hacked several 4-plexes in multiple states so it is a great strategy, but you need to know the nuance of rent and get the cost per door to $85,000 or less.

Bumping my thread due to a major uptick in poor quality work REI's are responsible for