Yes, Yes, with proper deposits and built in protection with rent prices via maintenance reserves.This is one method we are considering rather than trying to find a flip to increase investment capital this year.Thoughts, considering low Cash on Cash but possible increased investment capital through equity?

Either way, you are responsible for the land but you can take any repair costs out of the security deposit.

I'm mainly wondering is there a point that I should not cross, or that's the return won't match the invesment. 

Hopefully this image posts properly.  But the post count that shows up when in a thread is showing 869 posts, but when I go to my dashboard, it shows 973 posts.  It's off by 104 posts!?! 

At least make sure that the current owner/tax debtor matches the person you're talking to. 

Our clients use QuickBooks - tracks deposits, rental dates, rental rates and more!

I will have the money on Monday to provide the deposit for the appraisal/fees and earn money too.

See Uniform Capitalization Rules earlier.The costs you can choose to deduct or to capitalize include the following.Carrying charges, such as interest and taxes, that you pay to own property, except carrying charges that must be capitalized under the uniform capitalization rules;Research and experimentation costs;Intangible drilling and development costs for oil, gas, and geothermal wells;Exploration costs for new mineral deposits;Mining development costs for a new mineral deposit;Costs of establishing, maintaining, or increasing the circulation of a newspaper or other periodical; andCosts of removing architectural and transportation barriers to people with disabilities and the elderly.

I already have the info from the Treasurer's office on registration and depositing funds into their trust account, but am looking for more info on the actual auction from someone who may have attended.

I was under contact on a property and was 2 weeks away from close, so I was going to lose the deal and my deposit.