Any tips on what works well and what to avoid - any tips on separating “work” / home life?

And the Book Store is Fantastic Reading and learning.

@Ramsin JacobUnfortunately, your description includes several misunderstandings which are too long to break apart in an online post.

I think being plenty paranoid is a good thing here.Research this guy as thoroughly as you can online.

I typically look into the property tax and transfer records, which are all online to see what the property is currently assessed at.

So I guess you would have to 1031 to defer the gain.A tip for posting in the forums: If you put an @ before someone's name, it allows you to tag anyone who has posted in the thread, or connections you have on BP.

Would you please share with me tips on what to consider when buying land for commercial projects?

I have a duplex under contract that I anticipated paying $3,300 in annual property taxes (using the Indiana online property tax estimator), but they came in at $2,650...so maybe its already designated as a rental property?

So best case scenario, any existing IRS lien should be clear 120 days after that - and worst case they would be cleared 120 days after the last weekend in June (Ada County auction) - or I guess 10 days after that since that is when you're supposed to actually get the tax deed (I think I saw that was the timeline in ID).4) State specific - FL the mortgage is wiped out and all liens (excluding municipality liens)That is my understanding here too... seems to make the process much less scary than I've heard it being discussed so I think that's what's making me second guess myself on a number of things.5) No they're giving you a "tax-deed" - see my recently purchased tax-deed below (it may look a bit different after the county officially enters it in their systems which happens around 10 days afterward in FL).That makes more sense to me, the thing that is causing me to second guess myself is the terms of sale I am looking at online for the auction: QUITCLAIM DEEDS • A Quitclaim Deed will be issued and recorded by the Ada County Treasurer. • The Quitclaim Deed will convey only such title as is vested in the County of Ada under the tax deed process according to Idaho law.A tax deed seems like it would be more ideal than a quitclaim deed, but maybe that's just their way of saying, "If someone sent a notification letter to the wrong address and we missed, you get to deal with it now, not us."  6) it depends on how your state does their tax-deeds if it has an online system you can literally see the mailings that have occurred and you'll know if the proper procedures were taken. 

Check out the type of local retail stores and amenities and schools could make a difference as well as any school or business-related bus stops for public transportation.