.)- Property details/descriptions on these sites are somewhat conflicting & incomplete, as is usually the case, hence the reason for an early walk-thru appointment- Asking price $360,000- Fairly nice area, near a lake; homes appear well maintained from pictures- All homes with at least 1 bedroom potentially 2 (conflicting info) and 1 bath, basements (2 finished 2 not), and renovated in 2007- 2 homes with month to month leases, 2 with leases expiring mid Nov. 2017Financing:- We have access to about $50,000 cash total for a down payment, immediate repairs, closing costs/process fees- Homes currently rent out for a total of $3,560 a month- Estimated monthly expenses (below)Current Steps/Questions:It is these first steps that kind of go under the radar when people talk about investing in real estate.

Maryland has a period of redemption that allows the previous owners, heirs, or the estate to redeem the property tax lien by paying the redemption amount and related expenses from the sale.After the expiration of the 6 month redemption period, the holder of the certificate from the sale can foreclose all rights of redemption.

Eventually the lien will expire worthless.

It reads:In addition to any leasing, management or other fee payable hereunder, a sales fee equal to 6 percent if the Property is sold during the lease term or up to 180 days following the expiration of the lease term, to a purchaser procured by Agent, or to any entity affiliated with, controlled by or under joint ownership or control with such Owner or any of its owners or principals.How many of you have come across this clause before?

Look for off market homes: do your own marketing : knock on some doors: get some expired listings : For sale by owners: put some effort in and you will get paid according to that effort. 

So I would need to go in a raise rents; leases will expire in the same month of closing.

He was very pleasant and had planned on moving out when the lease expired because the previous owner was going to raise the rent.

You will have to honor these leases until the term expires.  

The 3 day period has expired and she has not paid the balance due so I filed an unlawful detainer with the court and served her and her husband with summons. 

Contract expires Monday.