Final bid was $5,500, and I figure the total taxes owed are around $5,000 including court fees and interest.I'm kicking myself because, in hindsight, I see I didn't completely understand the process.

Drawing from your professional experiences, I am keen to understand how you typically support investors who encounter similar challenges.I appreciate any guidance and expertise you may offer in this regard.Thank you for your consideration.Warm regards,Tim Christian

Know how long it will take you to get title insurance for a resale.Also understand how you will have to pay.....typically cash the same day where I am....at some sales it is cash at the very end of the bidding on that one property....sometimes cashiers checks, every so often personal check, so chances there is no chance for financing. 

I understand what you mean with Baltimore being block by block for good investments.

Here's a snippet from our starter course on becoming a Local Real Estate Developer and it will help you understand where the value comes into a development project to see how to weight the equity and deal terms based on the experience of the partners in the deal. 

So here goes:I understand that as real estate investors, we know that it's about buying in the right market, with the right strategy and with the right financing.

I was under the understanding that I could do a room ratio and deduct 50% of the upper unit expenses.

These 2 are not the same.From the website examples shown,  you can clearly see they have both types of credibility covered.3) Understand the process, understand the contracts, and practice looking and sounding confident and knowledgeable.Now you are ready to open your doors and have prospects discover you.Without this, you are wasting your time and effort,  looking for leads.There is more to this but those are the basics for starting.

In order to comment on the employee status, its helpful to understand more about your business, will send a direct message. 

I understand this is a personal risk decision and I'd love to hear pros/cons/things to consider from the Bigger Pockets community.