The high bidder at the auction will receive a Deed from the Delinquent Tax Collector provided, however, that the taxpayer has not redeemed the property by paying the taxes (and other penalties) in full within one year of the sale.

Likewise, your annual or quarterly or whatever property tax payment is expensed when paid, if you're on the the cash basis (which most people are) but you've already counted that in the reserves.Here is what your accounting software probably shows in the month that you paid the property taxes.Rental Income - $1000.00Expenses:Insurance:               30.00Property Mgmt:   100.00Mortgage Int:        350.00Property Tax:        700.00   Total Expenses:    1180.00Net Loss                   180.00So what you want to do is dump this report into excel in order to reconcile it back to your cash flow.Start with your Net Loss Number and then make adjustments until you reach your cash flow:Net Loss:        180.00Add Expenses Paid from Reserves:Property Taxes:  700.00Subtract Other Cash PaymentsMortgage Principal: $150.00Amount transferred to reserves:  $80.00Net Cash Flow:  $290.00Cash Flow is a completely separate calculation than Profit and Loss. 

I write the lease that it must be delivered back at the same level as they received it and you take a picture of the gauge on occupancy (or differenced is reimbursed at the current rate).

I told him not to do anything until he received the permits, but unfortunately, he didn't listen to me, claiming he was out in a rural area and the county would never know..

This would be my first deal, and I think it would be an excellent chance at a wholesale.  

She works only with buyers, so I receive listings from her, but she's not calling me with deals and letting me know what's going on.

The education I received through the podcast was invaluable in giving me the knowledge and confidence to do the first deal.

Here is the public records request form:http://www.kcgov.us/services/prrform.pdfIf you look at the line just below the signature box, it reads:"I certify that the information reviewed or received will not be used as a mailing or telephone list as prohibited under Idaho Code §74-120."

Now I want to replace it and exceed it before I can even receive a pension check.    

I suspect this may vary from person to person, but my experience has been that real estate brokers tend to be upstream of a lot of business so the folks that are downstream tend to want to meet with producing real estate agents to see if they can be on the receiving end of the down stream business.