That is what you are doing if you invest in class A rather than class C,  invest in Boston rather than Detroit, invest in single family rather than multi.Few of the people urging no compromise would accept cash flow of 400 with unknown risks rather than 350 with known and very low risks.And you are at the very top of the market.

This is a complex legal question and you're trying to get free advice from unknown amateurs from a different country?

She was a new agent, had owned a successful business but unknown to her her partner stole everything and she found herself and her family living on the beach, with no car or much of anything.

I am comfortable with the information we have, but it is the unknown of going to court which increases the anxiety.  

Account Closed I wouldn't take on something with that many unknowns/risks for your first one.

AS SO ON AND SO ON.. if you just go bumping around you can learn a lot about properties and prices in your area.. but to make money in any real estate transaction " the law " is something you cannot change or be ignorant about..lest you bump into an unknown situation that will really cause hardships to you and your family.

For instance the bankruptcy lawyer may contest the bank's right to foreclose, but I don't want to speculate about a specific situation because there are a lot of variables and unknowns.

But ultimately I see it coming down to BRRRR-ing Single family homes or just getting into the Multifamily express train and letting it take me on that journey to the “unknown” ..🚂🏚😧...🏘....

I would not buy anything that didn't have at least a 20% margin to cover any unknown or mistakes I might make.

Please be patient, sometimes it is very difficult to find the right person(s) that handles tax sales.http://www.naco.org/Pages/default.aspxThis can also be a very risky investment; since you can not step foot onto & inside the property that you are bidding on, there are many unknown factors & risks.Figure out your Exit strategy first before bidding.