I have been investing in the greater Seattle area for the last 3 years with my wife and have accumulated 29 doors across 3 properties (and sold another 6 doors).

My objective is to accumulate enough capital to close on properties in tax auctions next summer, and then wholesale them.

Give the HML 1st position on loan and use the time to accumulate the other 15% to refinance loan with conventional loan after a year?

Ultimately, I'd like to accumulate multiple properties to provide enough cash flow to retire and dedicate my time to my hobbies (e.g. opening a microbrewery!). 

The reason being is that absentee leads are mailed by just about every investor and DFD leads are seldom mailed becuase they take a long time to accumulate.  

So by 2010 you could possibly have an accumulated total of roughly 50,000 - 60,000 extra supply of residential units!

For example lets say the property I bought went to the auction on September and I bought it 3 months later on December, would I have the pay the taxes that accumulated over those 3 months while it was on the strike off list plus the minimum bid?

After one property, is my only option to grow to find private lending unless I wait a few years to accumulate more wealth?

So far my wife and I have accumulated 5 properties in the Baltimore 21213 and all properties are rented.Our next step in our 5 year plan up to now was to procure a portfolio loan form a smaller bank.

@Jeff Patton, You've started to get enough assets accumulated that you need to assemble and use a professional legal and accounting team.