By doing so, you can live for free or (hopefully) extremely cheap which allow for you to automatically start saving money.  

If no one bids against them, they automatically get the property.

My thoughts are:- pick towns that I know well- houses built before 1960 - last sale date more than 20 years agoI then take a look at the property photo to make sure it needs work, and then automatically discard properties transaction histories that indicate recent activity (such as moving into a trust).I'm going to send out about 250 handwritten letters.Any comments from anyone who has been successful with "free and clear"?

If you read any title policy it automatically has a survey exception that it will not insure anything a survey would have shown - it is in every single one.

This automatically prohibits you from taking advantage of the normal deductions related to investment real estate, such as property taxes, mortgage interest or depreciation on your personal tax return.If any prohibited transactions take place, you risk losing the tax-deferred status of your IRA, will owe tax on the full value of the IRA's assets and, on top of that, if you are under 59 1/2, you will owe a 10% early withdrawal penalty.Additionally, there is a litany of requirements and "prohibited transactions," including the fact that the IRA owns the property and not you personally.

They are then automatically replicated to the "With_HELOC" tab; don't put any information in there. 

So if the sponsor receives a 25% equity component for putting together a million dollar deal does he or she automatically pay taxes on $250,000?

So I applied for an EIN through the IRS website, after receiving the EIN does it automatically show up under legalzoom?

Hey all, is anybody doing automatic payment deductions from their tenants account every month?

They automatically think that you have cause to be there.