I suspect its a fairly regular transaction, I just don't have any clue as to the logistics of it, or where to start.

I personally have no clue.. never seen a political climate like this one..  

They really don't have a clue about real estate, usually deal makers in some niche operation, that's not real estate. 2.

His local title company has no clue what to do with this type of transaction.

I think the reason people say "low money down is a terrible idea" is because so many really extreme novice investors with zero clue about real estate fail when they bring less than 20% down.  

Find a PM that has their own investment properties- you'd be shocked how many people own property management companies and they are renters themselves, with no clue about real estate or investing.

There are no Tax Liens on the west coast LOL its only tax sales which are completely different than tax liens.One thing is for sure with BP backing this guru there will be legions of BP members who will think because its on BP then it has to be great etc etc. with no clue how this industry works.

The people loaning the money usually dresses up so is that a clue to follow??

So that's why I can't see why anyone who has any clue as to what the market is doing would sell low!

This leads me to believe you have absolutely no clue what a rough cost of the rehab will be and only know the place is semi-falling down.