It shows people you are serious about the investing, that you have a basic understanding of RE and some fundamentals that go along with it, and that you are legally able to be paid for your services. 

Okay so my name is Amber I currently live in NY, but raised in NJ.

Also,  most of these older buildings have nowhere near the service capacity for electric appliances like ranges or dryers.

Partnerships are much easier and you can achieve pretty much the same results: you raise funds for specific projects and create a legal entity for that project, electing yourself as a member of the partnership so you can benefit from any gains without complicated filings.

Hello All - I'm an architect in Austin, TX working on raising capital to fund construction on a mixed-use project my office is developing/ designing/ building, and I'd greatly appreciate input on effectively raising capital for a deal like this.  

I was actually born and raised in Shawnee and am very familiar with the area.

I also can't be involved with any REO/Shortsale properties where my bank has or services the loan.Are you communing from Avon to the city?

In terms of paying someone to find a tenant, it seems I have two options:1) A real estate agent (the one who helped me buy the place)2) A tenant locator service (apartmentsnow)What's the best way to go about this?  

After your debt service of $800 a month, you will have $40 a month leftover.

Ed, there is not enough information to answer your questions.did you foreclose the right of redemptionhas the judge sign off on your tax sale certificateis the property occupied or vacantdo you have to file an eviction of the existing owner or tenantdo you have enough money to foreclosedo you intend to get a mortgage on itI have done many tax sales deals - my objectives could be ..... 1. sell it now after legal ownership is acquired2. clean it up and sell it for a profit3. keep it to rent4. offer it at public auction - let others bid against others to push the price way up5. sell it back to the owner6. put together a joint venture - raise money to renovate it