@Chad Nassar -Maybe it's time to develop a network of private investors.Share what you do with friends, family, and individuals.I heard a great piece of wisdom last night from two very seasoned investors.

Great last name. 

If during the next 2.5 years, the owner redeems the property i get the money + interest back, but lets say they do not redeem the property. 3)  Within the last 6 -3 months of the expiration of the redemption period, I will file a petition at the circuit court for the tax deed 4)  At the same time, after filing the petition for deed, I will need to send "Notice of Expiration of period of Redemption" Take Notice to the county so they can mail it to the home owners and any interested parties informing them to redeem asap. 5) I will subtax early the following taxes as soon as they are generated by the county. 6) Inform the property owner in three ways, certified mail from the Circuit Court Clerk, being personally served by, the Sheriff’s office; and notice being published in a local newspaper. 7)If the taxes are not paid and the last date to redeem passes, the tax buyer can apply to the Circuit Court for an Order directing the County Clerk’s office to issue a tax deed to the tax buyer.

For example, I lived in the past in Arizona, so when I do my taxes I print 2 copies, and send one copy to the IRS (the Feds) and the second copy to the local IRS (the Arizona IRS, which is called Arizona Department of Revenue, if I remember correctly)Since I moved to Florida last year, my understanding I dont have to send anything to the Florida IRS (if there is an institution like that), I should only send a copy to the IRS (the Feds), correct?

I inherited a section 8 tenant when I bought the house last month who has been here for 10 years and has not paid his partial of last month's rent.

Just cause the stock dropped a lot over the course of the last 2 years.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I've been working exclusively in rentals for the last few years but recently switched gears and thought this would be a great place to share information!

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

@Judy P. I