However, there is a 30 day period after the auction where the property owner has the ability to challenge the validity of the auction in court, usually for lack of proper notification by the county.

In a state where there is a 2% transfer tax a round trip from you to the LLC and back to you will cost you 4%In one location I know of the county waives the transfer tax when going between an individual and a trust as they do not want to tax someone organizing their estate (estate planning many times involves transfers into or out of a trust).Pull out an old closing statement or contact a closing attorney if you use them in MD.

Am from the LA County, been in the real estate market for 10 years, invested in it like everyone else and earned my income as an Underwriter turned AE.

A city or county will fine you up to $250.00 per day for not having your property in order.

Plus the Quit Claim can get held up at the county and may give you some interesting title problems if the flip goes fast.The $200k is doing nothing for you as equity in your house.

You can start with the county recorded for the county where its located.

However, here in Palm Beach County, 3 missed payments usually means filing of a claim.

Mostyly LA county!!

Now that I am trying to invest on a full time basis, I find that the available RE foreclosure sites which I used to use, do not have enough or timely information for me to compete with others.Despite the high number of foreclosures in AZ (Maricopa County), there is a rat race to get to the best "deals".

I have heard that landlords have very little rights in my county in terms of screening rental applicants.