It seems that tax liens aren't as fruitful as many have made them sound.

But those units could be sold off as raw condos with nothing done to them at $200k per door.

Here's a few typical scenarios, #1- I control a few lots and some have a teardown and others are just raw land.

I like the strategy you're using, getting into properties with such little $$ down can be very fruitful if you plan properly!

The low hanging fruit is gone.Second problem, I can't find these types of homes with much of a discount.

And sadly, the disappointing end-of-the-story is that raw emotions killed the deal - the disgruntled partner, not the villified banks.

Harvest the low hanging fruit first!

Hey Matt,I'm sure your trip will be very fruitful with tons of seasoned real estate investors in the windy city.Looking forward to meeting with you, since I'm also currently investing in the south side.Message me when your in town

My research indicates that it's a very straightforward (albeit not always fruitful) process, that doesn't require a judgment enforcement agency if I follow the county's seizure procedures and am willing to pay the upfront costs (probably $500 for court & sherriff's fees).

It's where you live, the low hanging fruit... ;-)I also like Tim's idea of volume.# of times you mail to each?