During title search, it was discovered that there is a certificate of release of lien filed in the land records of the county.

They're great for learning the lingo, understanding different processes, and meeting people.As far a buying out-of-state while renting in LA, I was in a similar quandary when I first discovered BP.

Newbie looking to invest from abroadI discovered the BP gold mine a few weeks ago and have been mostly reading, it is time to start participating in the conversation!

After discovering the amazing world of real estate investing, I started buying any distressed property I could get my hands on.

And, lastly, while we may want to find our gold mine market that no one else is investing in when we're buying, we sure don't mind when those out of area buyers discover our market and drive up home prices so our appreciation keeps rising.

Ideally, if you have a REaltor you know, you can ask them to give you a comp on the property you're looking at so you truly know what similar houses are selling at right now and can be valued at.

I'd be concerned about the remaining lifespan of the property's major components (roof, foundation, HVAC, electrical, plumbing)

-I've made my first runbook on discovering property tax records and information

I finnaly got a new one to discover that it was probably defective and they bought it very cheap, the seal around the door had been torn off and glued back on crooked.

@Sayli Mulay - think you need to take all the components of real estate returns into play to evaluate:Cashflow: $200Mortgage pay down (rental): $150 (increasing monthly)Appreciation:  Fed Target for inflation is what I use (2%) = 2% * 150,000 / 12 = $250Total monthly net worth gain = $600 (for every point of appreciation this increases by $125/month)