I know plenty of people that don't make a lot of money that have outstanding credit. 

Las Vegas has enough advantages that a percentage of the expansions will be in Las Vegas, which will bring more people to the city, who will all need places to live.SummaryLas Vegas continues to be an outstanding place to invest.

At the end of the day, any lender just wants to see that the current value of the home is is more than enough to support the current outstanding loan amount.Hope that helps.

My question is if I want to use these funds (the cash received = appraisal * 80% minus outstanding loan balance) to purchase property for personal use (primary residence), if that creates a taxable event?

I made the repairs and rented the home out without knowing these issues were outstanding (I genuinely don’t remember seeing the tags on the door).

Let's say OP has $100k in outstanding judgments.

Also I get the ability to diversify geographically, and with multiple syndicators to hedge my bets.NPN sounds like potentially outstanding returns but yeah, I would have to partner with someone and not sure I am up for that.Performing notes - I will probably add some of these as well to see how they perform and if I like them.I already max a SEP-IRA with a bunch of vanguard mutual funds (all equities no bonds).

In order to get the tax collector to do this, you pay an application fee And you have to pay off all the other outstanding certificates, along with the 18%/yr interest the county gets on them, then the tax collector schedules the auction....takes about 3-4 months.

Here are some tips I have picked up as I close on yet another property this week:CABLE/INTERNET: In this area, none are outstanding but the most commonly available is Spectrum.

I copied this from a search on real estate ROE:Return on Equity (ROE) ratio calculates the amount of return generated in a particular year on the total amount of equity invested (or trapped) in a property.The amount invested (or denominator) is calculated as the initial investment (down payment) plus the entire increase in net property’s appreciation and the entire decrease in outstanding loan balance incurred prior to the year the ratio is being calculated.Cash-on-Cash Return is a similar calculation, but since the two draw backs of the traditional Cash-on-Cash Return are that property appreciation and principal debt payments are not factored into the formula, Return on Equity adds these two components to the traditional Cash-on-Cash Return calculation.A property’s net equity increase is calculated by determining what the “Net Sale Proceeds after Taxes” would be at the beginning of a year, and then again at the end of the year.