For example: "Two Story Single Family Colonial Homes with at least 2100 sq. ft. within a 3 mile radius of the interstate without an HOA with less than $15,000 renovation that $450 cash-flows/month which I can purchase for less than $350,000 in the zip code 22407".Is $420/mth below or over your baseline/worth it/ideal cash-flow per door for your criteria?

Here, it can take over 2 weeks for city/county/utility and code violation searches for non recorded liens and these timelines are controlled by the agencies.

You also want to be sure that your kitchen and bath layouts are functional and meet code. 

The main reason for doing this is because we will have "scam tenants" that schedule a showing with a fake identity, income, etc then will try and steal the door code from us when at the showing so they can break into the property after the showing.

I am aware that we also will have to get it up to code for such an operation.

This is inspiring.Thank you.I am looking for buy and hold in Baltimore, but I avoid the city zip codes due to the high taxes and water bills.Maybe I should look into partnering with someone like you.Shoshana Shulman

The age of the house not only means that you will have many many issues, it also means that touching anything will likely trigger code upgrades.  

You have to use due diligence to get it rented, at least according to our code.  

If you buy at the auction you will be buying it subject to any other liens, including other certificates, loans, code enforcement liens, association liens, etc.

However, if you own a MF property and live in part then you can take advantage of both sections of the code to create some tax free and some tax deferred gain.It's a pretty powerful way to use deferred tax to enhance building your portfolio and move the property geographically and change type without having to  pay tax.