In general if a tax sale lien holder forecloses they wipe out any mortgages.

Not exactly a baby step.

REO properties have there liens wiped out by the bank before they are put on the market, that is one of the advantages of buying REO properties. i just purchased one for the first time, but i did have my attorney in that state do a title check before buying it to make sure, there were a lot on this property but were all wiped clean before it was listed, in this case i just paid that fee at closing, otherwise i would have paid for if i did not buy, but felt it was worth looking into before buying the house.

You might want to consider those.As a rule $200.00 positive is a bit skinny as just one repair can potentially wipe out cashflow for an entire year or six months.RegardsVish

A very popular color is java, and application is easy (wipe on/off).  

Anything above 2 points and 9% for a major rehab or new construction is insane;Even in the conditions cited above, if the smallest thing goes south you lose your shirt.Just a delay with your builder, bad weather or a slowing market can wipe you outWith rates between 9 and 20 you're better off finding equity partners, or do smaller deals in cash

If that happened on a rental property it would wipe out any cash flow, not to mention that it seems unfair to go after back taxes on a home that was just now assessed at a higher value. 

Ask yourself "what difference does the source of the money matter when a investment fails" Your 401K is wiped out or you owe money on your home.But remember you are investing in real-estate, it will still be there and can be held or sold. 

It is very hard to vett the projects and  one failure can wipe any gains I would have to say at best they are still risky investments.

The tenants are also our friends and our babies will grow up together.