If you do this wrong, it will have disastrous consequences for all concerned.

Consequently, I focused on quality and finding as many of the 10+ features on my list.In the end, the property found me.

And if you make a miscalculation, the consequence would be more than any starter investor can handle.

But I mean atleast the White House is telling them “there will be consequences”  

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if I can be of assistance.

But, if the listing says you can not enter.... then you would technically be trespassing - BUT... it is your money at stake - so therefore your decision - and you who will pay the consequences -Go in - -- and possibly face a trespassing charge.Stay out - -- and face whatever property condition you encounter after you have made the purchase.good luck

Government is great at issuing mandates and fines to enforce, but not quite so good at providing funding to help with those mandates.Andrew brings up another good point about the unintended consequences of this law if it is allowed to stand exactly as it is right now.

Neither the tax consequences nor the hard work of flipping is consistent with what they teach, in my limited experience.  

The consequences of a void tax sale can be dire.If the taxpayer died after the tax sale, then his/her heirs can redeem.Figuring out title history and people with ownership or redemption rights is a consulting service I offer, and beyond the scope of an educational post.

If you have 30% equity in your current home, lenders will allow up to 75% of home's future income to qualify for the new home. less than 30% equity, you'll have to qualify without the rent income.You should also consider long term cap gains consequences.