When you exit a deal, what normally ends up happening (like Tom Brady keep winning more Super Bowls) is that you go into two more deals (with now double the amount of capital) and you will likely find that with those new K1s you could result in you having way more passive losses you began with If you can see where this is going... yes, experienced investors with a lot of capital deployed might have 500k-1M+ suspended passive losses and have not paid taxes in years and do not appear to pay taxes for years!

Before retirement, with high W2 income, at one point, my deductions wouldn't be capped if I was professional, so you win some, you lose some.My CPA was very helpful when it came to depreciation though.

If the certificate is not redeemed by the property owner within two years of the initial tax sale, the certificate holder has the right to initiate foreclosure proceedings.Despite what you may read on the internet from those selling "get rich quick with tax liens" schemes, you are by no means guaranteed a win. 

As far as tenants not being able to sue because they have no money, be very careful as most states offer free legal advice and some have links to free legal help for low-income tenants, and lawyers can collect legal fees from you if they win against you in court.    

That is generally reserved for Hedge Funds, REIT's, and other financial players.  

If you are operating as a sole proprietor, the winning party could come after your personal assets for the balance.

My question is, on average, how much above the opening bid (if there is one) on a percentage basis, can one expect the winning bid to be. 

If I can cash flow at what I buy it for, it doesn't matter, but if I am right its like winning the lottery. 

Obviously someone can sue for anything and it is a pain even if you are right and win. 

They basically took an average of our first few games and then applied that average to arrive at a handicap and when factoring in each player's handicap one of my games came in higher than anyone else's.