And make sure you create a video of the property to show the condition prior to renting!

I am thinking your worrying about nothing.. when I create HOA's for my new communities I never turn them over to the owners until I am done building 100% of my project out.. last  thing you want to do is answer to a bunch of homeowners :)  then they set up their committees and they make sure everyone keeps the property in good condition etc etc. 

I can call customer service and get a date down on the phone.. in 60 seconds.. but for survey stuff you need the report first and foremost. 

I am an out of state (currently based in nyc) investor looking to create a portfolio of Buy & Hold Investment Properties in Charlotte, NC. 

ARV 120-130KI also found out home was going into auction for back taxes.I spoke to an attorney and he recommended I don't touch it because tax sale would not eliminate all liens or family claims so I gave the info to other investors who had more experience.a year later home sold for 58k taxdeed sale.How could I have create a deal here? 

I can use the equity I create to fund my next deal.

The pro to this is this is where you typically create value.

I created my own letter template and started send letters in 5x7 Manila envelopes versus the traditional white envelopes.

Because once you stabilize the property, you will have created massive equity and drastically increased the cash flow.It takes anywhere from 6 months to 24 months to stabilize a property.

If you take it subject to then you can seller finance it to him on a land contract for his existing financing.Check with a local real estate attorney to make sure all the documents are in order.If he needs to refinance to create lower payments then that would fall on you if you take it subject to.