You may cash flow every year, but when your tenant moves out, you may find that it wipes out 3 or 4 years worth of cash flow.

The seller just had a baby and they purchasing a home that is contingent on the sale of their co-op unit..

@ sarann door knocking baby, Face to Face is still the most valuable way to do real estate.

For personal reason, future babies, maternity leave, vacation, family, etc., it might be nice to have 10 houses that cash flow.

I haven't thought of doing something for each of my tenant's birthdays, but I did give a small baby shower present to one of my youngest tenants who was going to have a baby. 

Congratulations to you and your family and on the new baby.

After my first baby girl was born I needed a more flexible schedule to tend to my kid so I quit my wonderful pharm tech job and become an insurance/financial representative with COUNTY Financial.

Now, for the part I am NOT as sure about:My question is, can I maximize my profit by buying subject to the liens and negotiating them down or potentially having them wiped out? 

That past due will get wiped out by your foreclosure.I recommend confirming this with an attorney. 

Its more predictable that "cash flow" which can be wiped out with one unexpected capital expenditure.