other may chime in that you should just jump in and buy any old property. 

@Angel PerezSounds like you are dealing with a C5 property. 

My guestimate is that 500 to 1,000 of those properties were livable homes.The vast majority of those homeowners were only one year behind on their property taxes.There is no real money to be made from redemption of livable homes in Arizona though.

Even if you have to put another $75,000 into the property, that should still be a good deal.

When I got married I owned two properties (whoop whoop).

I believe they eventually sold for a huge profit and 1031’d into a larger property.

What type of property are you thinking about? 

I live in Charleston, SC, and am looking to buy my first property here this year.

You will find lot of people here who are seasoned investors and would love to help you out.What type of properties you are looking for your first deal & funding type?

I am saying "EACH" llc - because, perhaps setting up just ONE llc for the property management side for all properties.