I commented in my Blog posts and in BP forum posts after the auctions last year at the dramatic increase in the Arizona lien auctions last year. 2013-northern-arizona-tax-lien-results The way the online auction bidding works is you bid the lowest rate of interest you would accept on the lien.

A lot of certain areas in the Brewery town are starting to boom dramatically!

However, we have experienced a dramatic increase in folks walking away from previous seller financed deals, and evictions are at an all time high for us.

The market may well have fallen dramatically since you bought it or even since you first listed it.Based on your numbers, I think you bought houses for around $150K, and put down 30K (20%).

That's the reason why it's not, because Debt Service is a characteristic of the INVESTOR, not the Operating Expense.Another way to think about it is that the Property Tax is an Operating Expense because if Investor A buys the property, the property tax will be exactly the same as if Investor B buys it.BUT, if Investor A completely Mortgages the property while Investor B pays all cash, the Debt Service is dramatically changed and so does the Cash Flow of both Investors.

. - We recently implemented this strategy on a 5 bedroom 3 bath home in St Petersburg FL, and we have indeed doubled the rent and dramatically reduced vacancy and turnover costs. 

But all of this changes dramatically if then costs increase by even 10-20k.

For fear of sounding like a war veteran, I'll skip the dramatic details. 

But dramatic appreciation on your houses can make you really wealthy.

The situation is as follow: (This is a three family home)1) Seller has defaulted on his payments.2) Seller's credit has dropped dramatically.3) Seller wants out the house and is motivated to sell at a very low price he wants to pay the difference of what's owed to the bank 200k.4) The property need serious rehabbing (Electrical, and maybe plumbing).I really want to take a shot at this, but need a way to carry out/ structure this deal.