However, at some point I dropped tax liens and associated investment from my portfolio because (1) the vastly different nature of the investments depending on state and even municipality (2) the crazy amount of competition resultant from the publicity being generated (3) the decreased ROI of available tax certificates (4) the time required to research what could turn out to be a relatively small sum invested and (5) superior returns available in our other investments.I came to the conclusion that tax lien/certificate investing can be very profitable IF the investor gained intimate knowledge of the procedures in a particular state AND gained knowledge of property valuations in that geographical area AND had sufficient capital to invest to make all the “legwork” worthwhile.  

As the the ROE increases and leverage decreases, how the returns become similar to the stock market.Those are the beneficial discussions people need.Also:When to stop buy accumulating RE and turn to debt pay down.What are the minimum reserve funds people should hold.When to reposition equity and “trade up” How to analyze a return beyond the first year cash on cashPlus a hundred other thingsI look forward to connecting!!

Any amounts the seller owes that you agree to pay, such as back taxes or interest, recording or mortgage fees, charges for improvements or repairs, and sales commissions.Adjusted Basis To figure your property's basis for depreciation, you may have to make certain adjustments (increases and decreases) to the basis of the property for events occurring between the time you acquired the property and the time you placed it in service for business or the production of income.

I assume that there is a big chance that the rate can drop a bit more due to elections at the end of next year so govern may decrease the interest rate. which means I should probably go with no PPP and do refinancing next year?

If only Fannie Mae would decrease the down payments and we would really have it made as investors! 

locally a lot of homes have them but you do not get increased rent or decreased rent if you do/don't. 

I'd pay the extra $10k all day long for the decreased risk and ease of management.For flood plain info you can click here: http://lceo.maps.arcgis.com/apps/OnePane/basicview...

I have stated that when you have gross rents of $400-$700 monthly, it will most likely average out to be in the ballpark of 50%, but as rents increase to amounts above $1000 per month, the ratio or percentage decreases due to a variety of factors (which will not be explained here).The purpose of this post is to get some viable data from many individuals who have rental units with monthly rental rates in excess of $1,000 (per door) and have at least 3 years of financials.

Prices in France are decreasing but regulations and taxes can be cumbersome.

There are many variables to consider in this evaluation process and in addition to the things that you listed to look for (crime rate, neighbourhood appearance) here are a few more variables I would consider when assessing the an area:- Proximity to amenities (grocery stores, fitness centres)- Distance to public transit (ie. terminals and bus stops) and other transportation improvements  - Whether the neighbourhood as a whole is in transition to increase or decrease in quality - Building of new infrastructure - Moving in of a major employer One other tidbit of advice I heard recently which I thought was great is to follow the big box stores (ie. walmart).