Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Total value and percent of property that is land compared to percent that is the home? 

Shop around and compare rates and you'll get a good idea of what's good and what isn't. 

Rick Sands handled the issue horribly, folks lost a lot of money and I still have never received an explanation from the company as to what happened - but furthermore what THEY were going to do about it.Im using cozy now - and it does have a few shortcomings compared to erent.

Thank youI know the rents and specifics of the units Im more interested in bringing in a partner or private money to get started but will definitely compare it to financing.Again, thank you for the great insight!

If they have sufficient cash to then cover the prior liens, they can utilize their right to redeem and take possession and title.In some cases, they don't have to pay out the other liens - they just take the title Subject To the mortgages already in place. 

It skews it a little bit when you are comparing apples to oranges due to future expected maintenance costs. 

However, the home was "in rem" because prior to this investor acquiring the tax lien and the county had torn down a eye sore home on the property.

You can even include bank records to show that the money was deposited into your account(s) (my idea sounds drastic but the mortgage company I worked with asked for tons of paperwork from me because the lending bank had requested it - some borderline ridiculous).Prior landlord/ownership experience definitely helps when shopping for a loan. 

Hi, I think I’m going to take a leap and go ahead and send out offers on tax delinquent raw land. I’ll be buying the property in cash. I was wondering if I need anything in place or if I can just figure it out as I go...