@Caroline Gerardo You are one smart lady. 

Tough decision and depends on where you are in life and how hard you want to work, or how smart you can work.  

I've also found that email savvy applicants are usually able to work out online payment or direct debit, as long as they can do it on a smart phone.Like Doug mentioned, if you can find a building that makes a profit with rents under $1000 you'll have no trouble with finding tenants, anything sub $1000 should fly.

One time a tenant didn't even have the smarts to put the futon away that the extra person was sleeping on when I came over to look for leaks. 

If you are in good standing, and have a smart plan, and good reasoning for needing it, it may be considered. 

Anish - I've read enough of you to know that you are a smart dude...what gives...?!

Don't worry though I think you are really smart even though your post didn't help me or others at all. 

IMHO the better strategy is use defaulted taxes as a lead source for finding opportunities to buy from principals and those with fractional interests or secured creditor claims.Unlike tax liens (or deed states) clearing title becomes an issue that must be addressed and is entirely avoided if you merely use the list as a lead device. 

Be smart and make sure you keep your risk at appropriate levels, so you don't set yourself back too far if things go south.

Grant kemp i believe his name is and he is very smart and subject to is the only type of deals he does i believe.