Ideally, I am working towards personal ownership in a triplex or quadplex as my first deal.

I have yet to run across any standardly accepted calculations that would omit significant and likely costs of ownership.

It's always amusing to see my own inventory show up a few days later after I've sent it out to my buyers list as a daisy chain deal.I try not to buy from anyone that is not direct to the seller and/or has direct ownership of the property.  

I’m a full-time scientist and part-time investor looking to get into real estate investing via wholesaling and eventually rental property ownership.

You can be proactive by choosing other segments such as Seniors with Long-time Ownership (ready to downsize or transition to assistance) or Homeowners with Low Financial Stability Scores (FSS).The key here is to let them know how much easier it will be for the owner to sell to you rather than putting it on the market to sell the more traditional way.

@Bill Schrimpf , there is no separate form,but you have to attach a statement showing the ownership period and calculating the exclusion amount.

Of course, I assume they would then be on all the paperwork attached to the house...at least until the two of you agreed he/she would be removed and you would assume full ownership.

They must have met the 3 year grace period for anyone to come forward, and taken ownership.

My question is does the 4 year timer that started on date the tax deed was issued start over when we attain ownership via the quit claim deed?

Informing them on new ownership and management if applicable.