Hey David, what side of town are you looking on and what is your method (buy and hold or buy and flip?

I'm just starting out and I wanted to know if this was a great goldmine of a source, to what degree and the best methods that have been used for the sellers. 

Duplex was a foreclosure and has numerous small and medium issues including plaster work, plumbing, electrical work, tuck pointing and some other projects.

Different methods work for different people.

I am really really wanting to dive in already and get my first Buy and Hold under my belt and use the BRRRR method like brandon always talks about!

So whats the best method to keep records in order to be prepared (separate accounts) for next tax year?

My home warranty covers plumbing, electrical, swamp cooler, most appliances, it also covers faulty work and things like that.

This method eliminates the competition at the tax sale, be pro-active.Tax sale certificate purchasing is a passive method of investing, for me, I'm impatient, I don't want to wait the prescribed period of time to get paid interest on my investment (too old to wait for that).I would rather deal directly with the property owner to attempt to solve the problem they are having; no money for the taxes.There are times when if you are pro-active, visiting tax sale properties, searching for the owners, that you may find a really great deal.

I've been using the 65 percent method.

I'm now looking to get involved more deeply in the investing side -  through buying and holding, and at some point flipping - focusing on helping those who may not be able to purchase a home through traditional methods still realize the dream of home ownership.