I expect you will have to pay transfer taxes based on the assessed value of the condo unit in order to transfer the deed at this juncture. 

You can look them up on your county site: foreclosures, divorce, death, auction, tax liens.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

However, you could still have - cashflow on paper, but still break even or potentially have + cashflow on your taxes.

For primary residences, lenders typically don't require PITI (Principal, Interest, Taxes, and Insurance) reserves beyond the down payment and closing costs.

The amount my tenant is paying me per month only cover 95% of my mortgage, HOA, and taxes. 

LP is 280,000, ARV is 425,000ish and renovation is about 75 ~ 80 grands (+20 grands for closing cost, first year taxes, reserve etc).

The added benefit is the equity you have now created in your personal residence that can avoid capital gains taxes if you live there for at least two years. 

I have a tax question.

Hey bigger pockets, I was just wondering what some older more experienced real estate investors thought about the idea of buying tax deeds.