So, when you buy the tax lien, you do not own the property.

So my cautionary tale is when buying seller financed paper, make sure you are very in tune to the value of the property.PS: Even if this started out as performing, same concept applies - make sure you know the numbers/values of the property.

You could buy it out or increase the rate to reduce the years, but it will result in a much more costlier loan. 

This is also a reason I tell people to not buy a home and inherit tenants that they didnt screen themselves.At what point does your "luck" be considered good process? 

Anything you buy here will appreciate like crazy within the next few years. 

Can you 1031 a duplex (long term rental currently) or multiple duplexes to invest in a beach front property and use it as a short term rental? Any help is appreciated, thanks!

I currently have a solid base of liquid assets and am looking to diversify my investments.I own two fully paid-off single-family homes in Tampa and am currently considering buying a luxury condo in Hallandale Beach for $600K.

For example, back in the great recession when lending dried up, that market inefficiency created an opportunity for investors with capital to take advantage by drastically decreasing many people's ability to buy.

I think finding an investor friendly agent can help you spot hidden gems like that and submit offers on your behalf that fit your buy criteria.

Investment Info:Small multi-family (2-4 units) buy & hold investment.