They will not be on the loan, nor be involved in operations.The deal is set up so that there are two splits: one for the cash flow, and one for the proceeds at sale. 

After the auction the county takes the back taxes out of the proceeds.

However, depending on which entity is looking at you, doing so could be construed as circumventing the law (and proving otherwise could be a costly lesson, even if you win).The moral of the story... when there's a licensing issue, proceed with caution and err on the side of licensing (as you have already pointed out).  

I’m struggling a bit to find my first buy and hold property. I live just outside Nashville in a large and growing college town. I have $50k to invest into a rental property. My plan was to take $20-30k and buy one pro...

He is in litigation with his business and does not want the proceeds of the sale of his house going towards those debts.  

I know in Delaware County, PA the taxes would be paid first then the remaining cash goes to the mortgage that is foreclosing.Assuming everything else is good with title, will the taxes be paid from the proceeds from the sale?

I always thought it would be great if I could take out what I have saved in my 401k and pension plan through my employer and use the proceeds to pay off all my mortgage debt on my investment properties now, as I look at this as my future retirement fund.

Hey all,I am acquiring a property with a bit of an issue and I'm not sure how to proceed. 

There is no obligation to proceed with any of them.  

Depending on local laws, they may be considered a tenant at sufferance (I'm not a lawyer) that you would have to have eviction proceedings to get rid of.You can definitely make money here, but you have to be smart about it.