Richard Low There are several issues involved with you question.

Also once you are at those higher levels it involves a lot of research study for the most part , making it not a very passive investment in many respects.

I just don't like these types of properties because the work involved versus the return I would get out of it if successful would be minimal for the time invested.Tax lien and tax sale or different things.

All with $0 of my own and all 3 parties involved are happy.

Looks like you have the landlording part started.I grew up with real estate: so the understanding the market is ingrained from following my mom by watching her.I read a lot of investment book, majored in finance, did bookkeeping..Worked as RE agent for a few month (Asia)What I didn't know was: flipping : had to do one to understand Land lording: my flip didn't flip so learnt land lording on the fly Buy/selling: learnt each project from everyone involved from seller/buyer to inspectorsFinancing: learnt on each project just by talking to brokers/mortgage/bankNew construction : chose to work with builder on live in flip.

Finally I agreed that I would have a name and phone number and address so if IRS got involved we could track people and have more reliability as to accountability in the contract projects.

All evictions in Massachusetts are public records and there is a web site in collaboration with 6 Landlord Associations and Property Owner Associations at http://www.HousingCourtSearch.com that I strongly urge you get involved with an association to gain access too.

I currently have the time and resources to get involved.

Justin McClelland what if there is a 3rd party service involved making the payments?

.- LS uses a catch phrase "Real Estate is Easy, People are difficult" implying that RE is easy, you just need to be able to deal with various temperaments of various people involved in the sealing of a deal.