Some liens can be easily removed, where as state and federal liens are not easily removed.

Even a typical water heat replacement would set you back signficantly.There's plenty to the puzzle that i am unaware of but with what you've outlined here i would consider passing on the property.you know you need managementyou know you need to remove at least one tenantyou know cashflow is meager after considering management.i personally wouldn't recommend a client take on the risk for such a paltry pay out out of state.Even when considering long term appreciation the average amount of headache one assumes with a property will bog you down before the long term play pays off.

The option to get on the ground with everyone else and blend in, the option to remove myself from the situation and flee or the option if my life is in immediate danger to at least make an attempt to save it.

For instance, one property seems to have an extra bathroom that is not listed in the county records.I plan to make some modifications, including removing a closet wall to expand a bathroom and taking out a kitchen island that contains electrical outlets and a switch.

As I'm moving through the house cleaning everything, I'm better able to notice what needs to be removed/replaced, and every other little defect.

The few that I looked at but didn't buy would have had to have all of the wood removed and anything else that smelled of smoke.

This is an example of how the media spins fake news...4.

I had someone give us a fake employment letter and fake Visa last month so if it feels off, trust your gut like @Jeff Willis said.

He said no, because I'm not a real estate agent.But I've blogs  that said that I could get a fee from an investor friendly real estate agent.What's real and what's fake you guys.

This waiting period allows for the following:Payments to clearAny disputed sales to be settled in courtDelinquent taxes from previous years to be removed from the property record The redemption period, which allows the original owner to redeem the property, is usually 90 days, but can be up to 365 days.