Also, when you pay them off, you have to be very careful they release the lien properly or you have a cloud in your title.

Closing was four months, but that is because it was a foreclosure and things tend to move more slowly (depending on what bank owns it and how much they care about liquidating that asset).

That will help select the right type of real estate to get into.

If it’s your forever home and you would hate to lose it, be careful of the offer you’re making.

I have pulled all county information on each property, analyzed the area and it seems the reason the taxes were not paid is because the owners are Heirs, so they obviously cannot care.

They pay all cash and don't care so much about cash flow.

If you're expecting $100k net in year one it's well worth it to add a tax CPA/EA to your team of external partners.An LLC with an S election might be the most advantageous avenue to pursue.You would have to pay all employee-owners 'reasonable compensation'. 

Also if tenants are not careful and there are both the cooler will kill the hvac systems' condenser.

Then they only need 7 days for an appraisal and final approval of the loan applied to the selected property.Some other approaches that we have had success with is Driving for Dollars, seeking out as-is properties, and properties that have been on the market for 30 days or more.

Or, go further into debt trying to take care of these issues... which doesn't help either because then you are now paying down that debt (credit card or what have you) and your mortgage/other expenses.