So, still about show #35:Josh and Brandon comment how they say "awesome" so many times that people would create a game that every time they say "awesome" in the show, some listener would do a shot of alcoholic beverage;- They also asked the listeners to share one of the "Tweetable Topics" to enter the chance to win a BiggerPockets e-book.   

@Grant Rothenburger  All valid points, getting property is definitely the most fundamental part of investing in real estate, haha.  

-e

However for improvements to prevent weed liens by cutting the grass can be argued as ‘money Spent’ and no cap in this scenario... just rational sense. i,e $5k to cut the grass on a 40’x110’ lot (w/or without structure might be questioned.

If at any point the property owner pays off the overdue property taxes before the lien expires (period may vary by state), the county is the party that earns the interest.Properties that are owner-occupied (as indicated by a homestead exemption showing up on the annual tax bills) or have a mortgage are most likely to be bid on because they have a higher likelihood of being paid off either by the homeowner or the mortgagee (the lender); the homeowner probably doesn't want to lose his/her place of residence and the lender probably doesn't want to lose its investment.If no one has bid on a lien, there are likely issue(s) with the property that, in the eyes of bidders with investor mindsets, render the property valueless, for example:the property has no direct access (landlocked or waterlocked),the property is too small to be built on as-of-right per the municipality's zoning codes,the property is contaminated (a Phase I environmental report would scour records on the property to see if contamination is likely, and if so, a Phase II environmental report would be done and soil, etc. samples would be taken to confirm the contamination),the market fundamentals indicate little probability for profit given the level of risk, such as high vacancy rates, low rents, or slow sale/rental velocity,the property is in a "poor" location due to many of the types of things that turn off people looking for a home in which to live, such as high crime; poor or nonexistent infrastructure, such a streets, water & sewer, etc.; too rural/too urban; neighboring uses detrimental to the property's value, e.g. railroad, warehousing/industrial district, jail/prison, cemetery, etc.I hope that helps!

TD and BMO are the worst..20k a unit you getting a 1890 built that is ready to collapse..LOL   But I have to say tenants paying with Interac E transfer is a whole lot better and convenient vs the options in the US..

This is especially true in E Tenn where quality workers are incredibly difficult for all businesses to find.

@Russell Holmes What is the area like around E Votaw rd and Thompson rd?

@Jay Hinrichs I won't break in, B & E and all that. 

From the Subject Property The rent for a 2, 3, or 4-unit property, where the borrower resides in one or more units and charges rent to tenants of other units, may be used for qualifying purposes.The Mortgagee must verify and document the proposed Rental Income by obtaining an appraisal showing fair market rent (use Fannie Mae Form 1025/Freddie Mac Form 72, Small Residential Income Property Appraisal Report) and, if available, the prospective leases.Where the Borrower has a history of Rental Income from the subject since the previous tax filing, the Mortgagee must verify and document the existing Rental Income by obtaining the Borrower’s most recent tax returns, including Schedule E, from the previous two years.