Beware of self appointed experts trying to sell you far away opps and even crazy enough out of their own LA local area.

The biggest issue with them is that they cost about 4x their nearest competitor and they don't do troubleshooting of the maintenance issues with experts.

Even without working the numbers it didn't seem like a "deal" but I thought I'd present to the experts to start a dialogue.

I would say one thing here that do take a legal experts opinion as it will be a long term investment for you.

Hey @KENDA BELLIm not an expert or lawyer but I have spent some time looking at the Baltimore Tax Sale1) No clue2) You pay the lien amount (the stated amount, including fees and previous interest) as well as any High Bid premium you come up with. 3) We have a plan in place to secure Private Money (I have several wealthy friends, not HML) to finance any foreclosure. 4) Not 100% but I'm pretty sure there are no issues.

If you account for higher insurance and factor in and extra 4-5% vacancy, you're probably right around 37-40%...which is pretty close if you intent to manage the property yourself.I'm by no means an expert on property in California and my experience in Ohio may not be relevant.

I wanted to see if there were any tax experts who have ever rented rooms out in their home.

Did you talk to any expert real estate agent in that area about it?

Don't forget "I am no expert" Just like to give my two cents and keep learning more myself

Hi Brandon.I'm also new and here and certainly no expert on insurance, but when I did a rehab that I wasn't living in I had to get what they called a builders risk policy.