price $124k it’s in a resort, highly sought after especially in summer season.

It's highly unlikely, if not impossible, to find a traditional lending source to fund the purchase of tax deed property. 

I’m seeing that property crime is pretty high and since I’m an out of state investor, I would have a hard time keeping an eye on the ground besides cleaners/handymen between stays. 

To have high rents. 

I ended up bidding on the property, but when the bid went too high, I stopped.

I’m highly motivated and I need a capital partner. 

for the FWIW file and congrats on selling your bizz thats a nice payday.most of the folks I have done bizz with over the years that are very liquid will buy as high end of rentals as they can  IE A class and put professional management in there. many states require on site manager over a certain amount of units as well.. so the PM is really managing this employee that is mandatory for you to have.. this could work well for you you manage the on site manager let them do the dirty work and you stay engaged and gives you something to do.. good luck with it..

Michael, that's a scary Forum Title at the beginning of a downturn.Australia, China, Canada, California, New York have already droppedand the big banks have recently laid of 100s of high paying mortgage jobs.With interest rates over 5% for most average SFH buyers, are you leveragedfixed at 3-4%?

Any referrals are highly appreciated Thank you.

Any other books you highly recommend?