http://papersourceseminars.com/paper-source-note-symposium-cash-flow-profits-2015/ I attended this in 2012 and it was an excellent resource for both the starter and seasoned note investor.

Win-win. 

You're right, my response rate is excellent as a percentage of my mailers.

Tenant will prove dirty apartment at move in with pictures ,call the tenant apologize for the misunderstanding, return the money and move on; Tenant  will most likely win in court and you will most likely pay deposit plus penalties x3, plus your lawyer's inflated fees good luck

A few of these properties look distressed from the outside and based on what is owed and the likely BPO, I feel they're excellent candidates for a short sale. 

But, if you chose not to hold the property in your portfolio and to put it on the market and sell it for market value the scenario may look like this:  (Win-Win, he no longer has to deal with a property that he doesn't want and his debt will be erased sooner rather than later and you convert that 50-75k of equity into cash that you can use for your future deals). 

Not to mention you pay the money back to yourself over time anyway so its a double win.  

Some ignore failure, other refuse to acknowledge accounting losses as useful stats and other just win from day 1.  

Tax lien investing requires due diligence on the persons part who intend a to use it aquire properties, if you win the bid on the lien you will become the lien holder which may make it to where you will be liable for the property taxes on the house so yes there’s risk involved.

> My Big picture goal is to invest / work hard in my 20's by building great habits, finding excellent mentors, taking massive action, and applying proven principles to achieve my goal of living off a relatively passive income by the time I am 30 so that I may travel the world an explore other passions.