Seems like tax deed is a much cleaner way to go in terms of investment, unfortunately NJ is tax lien state :(Thanks for any advice.........

@Ned Carey who, along with his investment partner, has the corner lock on tax lien investing in Baltimore (in terms of know-how and experience) and Anthony Onwuanibe who is a tax lien attorney.http://www.meetup.com/bwimeetupThis meeting is FREE - you will learn a ton.  

To me it seems a little on the high side in terms of closing costs (at the price point you mentioned) but the devil is in the details.

Theres so much information here that its turned into a one stop shop in terms of learning.  

I might be over thinking it but can someone simplify what they would do in terms of how you would safely go about the following case.

The investments need to be similar in term, asset quality and risks associated with them. :)

Since NC is one of the more highly regulated states in terms of REI, you might want to touch base with an attorney that has experience working with investors, if you have not already.

I would assume if the bank's loan agreement includes a clause that prevents the mortgagee from including the house in the BK filing, then all would be good in terms of me getting possession of the house, after winning at auction.

Leverage can make good choice into great outcomes, but it can make bad choice turn in to devastating outcomes.Leverage in terms of borrowing is pretty easy in today's society.  

If you could start over, what would you do differently knowing what you know now in terms of lead generation, connecting with people, balancing work, life, second jobs, etc?