I'm fairly excited, and so now my biggest concern is just that we have few foreclosures, a lot of cash buyers, and a strong seller's market - even if I can *determine* what a neighborhood is probably like and where it's probably going, getting my bid accepted is going to be a challenge.

However a good property will also attract many bidders and your lien yield may be lower than the maximum rate.You have to accept in a tax lien investment that you don't know when it will be paid off.

House was on the market less than 48 hours before we accepted a very strong offer at $332K (40% down, $10K in escrow, wanted to close in 3 week period).

I purchased my home in 2013, and just passed the RE license test yesterday.  

I'm struggling to determine what acceptable CAP rates (CAP Rate= NOI/Purchase Price) are for particular areas.

How tolerable are agents on submitting multiple offers that may not get accepted?

Also, if you are active in the market out there I would like to meet up for coffee or lunch or something if we are unable to meet at a meeting I am interested in that as well.So far my schedule looks like this:Jan 25th - Fly in see the family and get situatedJan 26th - Meeting with new lender and new broker (no exact times set yet)Jan 27th - Attending AREA Real Estate School in Waltham from 9am to 7pmJan 28th - Attending AREA Real Estate School in Waltham from 9am to 7pm and I will be rushing over last minute to try to catch the end of the Black Diamond Group's meet up which starts at 6pm (I am hoping I can get out of class a little early this day.)Jan 29th - Attending AREA Real Estate School in Waltham from 9am to 7pmJan 30th - Attending AREA Real Estate School in Waltham from 9am to 7pmJan 31st - Taking the MA Real Estate Broker Test at 12pm...Also, I might catch a train from Providence, RI to NY with my cousin for the super bowl from (Jan 31st to Feb 3rd).

Just call around to the different companies.They may be only accepting credit card payments, not checks.

To test this I would pull the DW out when you suspect freezing & feel the plastic piping for ice.

@Ali Boone be careful using wealth as a litmus test for the people who you listen to.