My agent just told me that since my wife is on the title of the property we have to pay 10-15% foreign owned property tax on the profit, this is a sickening feeling because the value has more than doubled. 

Again, as you have stated, the key to this game is deal flow.  

Yes, you need cash and a very good site to get all the details on the upcoming auctions, and lots of title reports too!

I'm told there is an issue with seasoning a title.

Or do a lease purchase like you said in the title.

I was wondering if I did deals outside the State would I need to find another title company within that another state or can you not use your title company in your own state for all other locations.

Partnering up with people, especially with experienced investors, is another great way to get into the game.

This is very, very old game that keeps getting recycled looking for new people.....it’s s waste of time for 98% of the people.

If not than most states have on the State's State Department Website (or something similarly titled) a list of banking institutions who are legally registered as banks in the state you're in.

With survey, lawyers' fees, title search you are over 3k and that is without finance points.