I’m coming up with: $4600 monthly rents$450 insurance $950 taxes $690 Cap ex, Maintenance and Vacancy 5% each $400 water/electric from current financials $130 landscaping from current Which leaves me right under $2000 for a mortgage payment just to break even, which is a purchase price of $375k with 25% down.

Then a call is scheduled with United Tax Liens for two hours.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

@Kenji TominagaIf the taxes have already been paid by the seller they are prorated as part of closing costsIf you are talking about escrow payment taxes then some appear to have missed them as you would be paying those

We also have a general construction company that is taxed as an S-corp.

If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.

NOTHING can target motivated sellers because NO ONE knows when someone, anyone, you, becomes motivated.So combine these 2 steps.Yes lists CAN target foreclosures, absentee owners, probates, tax liens, absolutely. 

Tax benefits and low property taxes in NV still make "good" deals.

Local government is landlord friendly and taxes and cost of living are lower.

All tax attributes of the investment itself belong to the IRA.