Maybe not safe and not great schoolsD Very depressed and dangerous (crime).

It's better to mail fewer people for a longer period of time, then to mail a whole bunch and then quit.Probates are the same.

Im buying with cash at tax deed auction smaller homes and business under 50k where the deals arent as liquid and therefore fewer buy at these auctions.

With fewer, or much fewer working years left, your ability to make up a loss is greatly decreased.

It's dangerous but I'm willing to dish out the expenses from my pocket when they happen.)

What are the down sides/dangers?

What are the down sides/dangers?

The large 20s - early 30s age group benefits from job vacancies left by the boomers but are also more skidish to purchase homes as they have seen the dangers and don't wanna deal with the hassel of homeownership and tend to change jobs and even careers more than their parents.

See: http://www.irs.gov/pub/irs-pdf/f990t.pdf I don't have the audit statistic on hand, but again, it is about the average hovering just over 1%.The dangers of it are so extreme that I cannot help but express not to do it for anyone considering this.

They are still getting the same number of properties under contract, but fewer and fewer of them are actually closing.