The problem here is it takes 6-8 weeks to close, and in the LA competitive market, that is too long to be competitive with other bids.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

We are very much in hard insurance market with most carriers having a no loss rule going back 3 to 5 years depending on the carrier.

You need an experienced attorney who deals with tax deeds to get you title insurance and a marketable deed. 

If you are using their money for a down payment, are you really planning on renting it to them in a traditional sense or simply having them pay for the mortgage, insurance, taxes, etc (ie you won't be renting it at market value more you are buying the home for them and they are making all of the payments and repairs?

@Robert QuirozThe landscape has changed in all markets and the days of easy BRRRRs, 1% rule, 5% down, low rates, and strong appreciation are over.

Hello Friends, What websites and criteria do you'll use to find new markets?

You will most likely pay more than market rate so take that into account.You will then have to get it all furnished which can cost a pretty penny.

You might consider giving a notice to the entire building that you will be doing a walk-through on a certain date to check the condition of the property - you have a right to maintain your property and access all units if they are home or not with proper notice.Also, make sure that your notices have a person named as UNKNOWN OCCUPANTS listed.

Should we buy and market for S8 tenant or without ?