If you see that as a one-off, then I would stay as close to home as possible.

As far as potential, Madison county would be first without a doubt, then Limestone county. 

They are going to call it “uptown tampa” so I feel like the equity will increase in the long term that will pay off the negative cash flow I might have in the beginning.  

What makes you question your decision-making this far into the process?

Going off market there is a lot of offerings that are not better than the MLS listings, there is often risk items, and they virtually always require work. 

@Tonia EdgestonIf it’s non owner occupied you could get a hard money loan to pay back taxes and repairs but these are short term (typically 6-12 months) then you would need to refinance the propertyYou mention this is also in probate - depending also on other debts etc it all may be for not and you may need to sell to pay off other creditors.

It took close to 15+ years, but states are finally catching on that the majority of loans are no longer held by banks and by non-bank lenders who are selling them off to private equity and other non-bank funds including individuals and they are starting to hear about the shady stuff going around.Regarding straight sub-to and banks calling loans etc., this I think is longer term implosions as I am seeing people who absolutely should not be buying a home as they have no money buy them sub-to because of little down payment and will eventually lose the property and that is when many whose mortgages are still on the property come out and sue.

The police have removed them twice so far but they just come back.

I know Craftsman Homes is doing this in CA but am not sure how far their reach is.

They did a dance-off!