However, you must educate yourself first so you don't make a massive mistake with other people's money. 1.

Analysis of Paralysis is one of the biggest mistakes people do when starting and so you don't want to over think it but definitely educate yourself more. 

And I can revise and adjust my plans and timelines as I go along.Sounds like a plan you have gotten some excellent feed backat the worst you know to stay away from bottom of the barrel price range rentals .. and that was worth the thread 

@Michael Lewis a mistake that many investors, including me, make is trying to chase bad money with good money.I think you probably already know the answer to your question.

@Forrest Faulconer Now you've got me curious, drop a link to the worst you've seen! 

Big mistake in not getting a property manager- this one is too big for us to handle.

Yes, rookie mistake not having a lawyer draft up a contract between him and myself but we thought its ok because its family.

If the sale was by a quit claim deed, or almost any other deed other than warranty deed, then depending on if any other documents were signed by seller regarding liability for “back taxes” he may not be responsible.Since as to the taxing authority the taxes stay with the property, if you or someone doesn’t pay them, and assuming no mistake was made as to their status, then your property is subject to any and all relief available to the taxing authority, including lawsuit, lien, or foreclosure action.

It doesn't hurt to ask and the sellers agent has already acknowledged their mistake.

is there any legal structure can that protect me in this worst case scenario?