It looks like the lien started on 2/6/15 at $100 a day, and then stopped on 12/4/15.

Like I said earlier, I haven't read the Ultimate Beginner's guide or any other books on Real Estate just yet, but I have been listening to the BP Podcast in order from episode 1 (I think I just listened to episode 40) while also listening to the show they put out weekly.The area of Real Estate that most interests me is the idea of using House Hacking to learn how to buy, hold, and manage small multifamily properties (starting with Duplexes) to generate passive streams of cash flow, with the goal being to eventually stop having to work a W2 job and live comfortably off of the cash flow my rental properties produce.

Buyers tend to think an auction automatically equals a bargain price and don't even consider what similar homes are listed for on the market.I stopped going to auctions for investment property but I was at an auction about a year ago for a simple 50's built ranch home with no updates and I'll never forget it.

Or I could just stop offering it.

But I thought I would wish you and your dad good luck on your new venture!

I believe in setting goals, so for my real estate venture,  I want to achieve a level of success where the properties I have are generating enough income to leave the "9 to 5" behind, and provide a value of at least $10,000,000.

As a life time resident of Indiana, I'm sure that you could spot the local properties that are cheap for a reason vs those that are an excellent value, and make money (mostly through forced appreciation and cash flow I'd venture) investing in those that are an excellent value.

I spoke to the property manager who just stopped by to check on the property and she's surprised that she hasn't found anyone yet since it's in a cul-de-sac in a quiet area.

Now that you have exhausted your Low Down Payment Options (Portfolio-Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Be alert, if you time it right you might be able to get down payment assistance/grants (I got $5,000 from a local program and used it to buy my interest rate down to 3.125% which is way below typical market rates for a Duplex).

You should be able to do this as a joint venture with the investor's IRA funds if you wished.