An individual was the winning bidder and they also paid the back taxes to prevent a tax foreclosure. 

Try selling a starter home that the entire generation of millenials hates. 

I've done bundled purchases in the past and as long as you're not looking to sell properties off individually this is not problematic. 

Some counties will only list the pin number, billable owner, and/or parcel number of a property and you are left to research individually each record to ascertain the property address or land use.

Hi everyone,I have been using the ARV calculator at REIkit.com to calculate ARV on potential deals.My question is anyone familiar with the tool and how reliable are the numbers generated?

I am interested in learning more about wholesaling to generate cash flow, and buy and holds particularly in the mobile/manufactured homes niche. 

Its had its ups and downs, but I've come to really love the idea of the "passive" income it generates. 

Ospina That was also  my thinking was that if it's a building wide issue and likely a developer problem, it'd be cheaper if we just re-piped the whole building and get a bulk rate which would be cheaper than individual owners doing it.I think the condo felt that it was only affecting some units and would be a pricey one-time levy to fix something is affecting only a portion of units.

For individual units, the cap rate isn't too bad at around 2-5%, especially considering the appreciation, but I feel like I have money stuffed under the mattress with the large amounts of equity I have built up in them.My end game is to leave Beijing and move to the SW U.S. when I retire from my current career within the next 5 years. 

Eric,As I am not a lawyer, take this with a grain of salt.My understanding is that an LLC is ideal for many investors when the business itself generates a certain amount of income, usually under $40,000 per year NET.