Which in this case the property is worth less than what I believe to be outstanding on the loan which would mean if the min bid was high enough it probably won't be sold at the auction.

I am completely confused on how the math works on City/County owned properties where the outstanding back taxes owed are worth more than the property...  

While that is certainly interesting, it doesn't really address my question which is how are these bidders able to make money on properties with their bidding strategy of bidding 50-100x the outstanding taxes.

There is a full-spectrum of performance ranging from outstanding to subpar.

The list I have are nationwide.

The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions" and "What your CPA isn't telling you" by Mark Kohler, are outstanding books for incredible tax saving strategies and a gateway into entrepreneurship. 

In order to be paid, you must obtain an NMLS [Nationwide Mortgage Licensing System] license.http://mortgage.nationwidelicensingsystem.org/Page...With a BRE and NMLS license, you can both list/sell real estate AND originate loans.  

They have been in phone contact with the tenant, reminding her that she has this outstanding bill.

Send me a message My company does wholesaling nationwide and can help with finding assets in Delaware.

I'm looking forward to meeting everyone and building outstanding relationships with you.Cheers!