I know the basics of tax lien investments, but wanted to gain some insight in two things:a)  What is the qualification  process one has to go through beforehand to ascertain whether a particular tax lien is a potential good investment or not.  

After you find the leak, it is important to ascertain the cause.  

I would suggest that you interview several Realtors and ask them the following questions, to ascertain if they are truly Investor Friendly, or if they are throwing you a sales pitch. 1.

BTW, George is primarily a BPO agent, he has done over 6000 BPOs, so he is very experienced at ascertaining value especially when it comes to valuating a property in terms of how a bank looks at it.George called me from the house that afternoon, very excited, he said the house is very nice, it does need some updating, but it has a huge (10k) lot, and the house is a 3/2, about 1700 sf.

We typically require it on all A and B properties, as well as certain C properties that are condo/HOA properties.We do recommend to all Tenants that they obtain it, even if we do not require it on a specific property for whatever reason.

I got a few probate leads from the courthouse, but I'm not sure if I should contact anyone before ascertaining if there's a house available.

But what we can also ascertain from this chart is from 1980 to 2000, supply most likely grow with demand (or purchasing power) which was driven by sustainable fundamentals.  

And I was not able to ascertain your seller (park or private) but if private they've already paid their lot rent for this month (unless delinquent) so it's usually not a stretch to date a contract/option to the end of the month to "make a clean sale".And after re-reading your last post, yes if you intend to owner finance you'll want to hire a "licensed mortgage originator" or an "attorney" to close the deal for you.

If so: 1)Find out whether you have been sold a Surplus Line Insurance product and contact the Department of Insurance and Financial Services within the state your properties are located to ascertain whether NREIG/AGM hold a license to be selling a Surplus Line Product, despite having you signing up to the Membership Agreement.

Try to ascertain how motivated a seller he is... why is he interested in selling at this time?