I am going to have my tenant pay rent online directly into my new checking account.

The new owner has since failed to pay utility bills in one of the two building, causing it be condemned.

I should be paying the entire amount back no later than April of 2023 and maybe as soon as January 2023. 

I would caution that any outstanding litigation or taxes would follow the LLC if something went unreported or paid.  

I don't know a ton about tax lien investing but my advice for note investors is to be selective as to when you order title reports (can get pricey if you run too many), but it can be wise to pay a bit more (two-owner search, for example) for a more thorough search for those assets you are likely to purchase.

Again, it may not take them that long, but unless you or someone you know is experienced in drafting legal documents and transferring title, it's called paying the price of admission.

Asset prices will come down, and you have the advantage of underwriting deals with actual expenses.Can you imagine buying 3 years ago with much lower insurance and tax expenses.

As you may know, a good portion of your monthly rent will not go in your pocket, it will go to the constant maintenance, upkeep, repairs, taxes and the like.Fourth, ask yourself... if you have a vacancy, the economy goes in the tank, you have huge unexpected repairs, etc....will your tenants chip in to help you out?

Good morning, Is there a practical difference between a tax lien sale and a general tax sale?

We were doing ok yr 1 but now insurance and taxes have both gone up and bookings are down and I'm looking at selling but inventory is high also... any suggestions?