We will have about $300,000 free and clear after the sale of our home.

County Tax Foreclosure sales are Public on my county's website.

This particular property is a Short Sale in Cincinnati, OH and has about $2k (1 years' worth) of past due taxes on it.My contract with the Seller reads, "At closing, Seller shall pay or credit on the purchase price (a.) all real estate taxes and essments, including penalties and interest, which became due and payable prior to closing...."

I live in the Coral Springs area and I've seen a lot of multi family for sale from investors but the properties are over priced and after all expenses I'll have negative cash flow.

Politics, crime, rents, houses, point of sale, you name it. 

@Bryan Mitchell - many deals on Hubzu you will pay a 5% buyer premium on top of the sales price, similar to other auction sites.

HELP I NEED ADVISE IN THE WORST WAY.I THOUGHT ABOUT SAVING IT,REMODELING A FEW THINGS THAT NEED IT,AND POSSIBLY TRY TO SALE IT WITHIN A CPL OF YEARS.

I'm wondering what people's thoughts are on the area, both as a rental market/cash flow, but also the chances of gaining some appreciation there if/when things improve there.It does look like there are some relatively reasonably priced (In terms of the average cost in Miami these days) properties for sale there - both single family and multi-family.

This is probably a cleaner approach, but I worry that a sale this low is going to devalue the neighborhood.

At BP, not only can you network with other real estate investors, you can learn from the informative forums posted daily on the site, find properties that are for sale, and take free courses.