;)I was just wondering this myself actually, thus finding this post, and I did a little math.

IMHO opinion, I have done 3 transactions with her in 8 months... 575k, 820k, 630k, and also fed her a referral where she sold their house, and repped them on their buy, both in the 800k range... so do the math at 2.5% that's a lot of $... 

If there is an attractive property and people have done their homework to believe the lien will not be paid (e.g. deceased person with no relatives) then everyone instantly bids 0% hoping to effectively buy a property for nothing but the back taxes. 

Thomas,We will continue to look for a little longer to see if we can get something with cash flow, now that we did our homework and know exactly what we must place under expenses (I finished Brandon Turner's book).

Property is about 40-60 units of this type total, probably 90%-plus rental.2) can you be sure that the HOA will NEVER disallow rentalsProperty has been this way for 15 years.3) vacancies of 4/12 = 33%, so FMV immediately becomes lower than FMV * 0.4 in my bookFor one year, that's the math.

So you have to do your homework and do a lot of research before you see an agent because a lot of them are not doing well when it comes to sales. 

You want to be able to use this as your platform to building your future wealth, this is a great start and enough to be a little dangerous with. 1) You can by a duplex, triple or quad up to $300k using a 203k loan - live in one unit and rent the others - save money while you live for free, use your new found savings for your next investment2) You can attempt to get an investor renovation loan using 20% down payment, up to $150,000.00 flip 3) You can attempt to finance (1-2) SFR or Multi Family Turnkey Buy & Hold for Cash Flow4) Your creativity and ambition = no limits to the potentialIt all depends but at minimum you seem to be heading down a good path, do your homework, weigh your options, consider doing the things that will help you build your wealth and align with your goals/strategy.

Do more homework

That is not discrimination, that is just simple math. 

The math I'm used to won't help me here.