It is very far from perfect here, it is a difficult business and you have to know what you are doing - I think that is true in any city and I can not imagine taking on getting to know another big city at the level my company has learned Philly.

If he had blindly trusted us, he could have bought a house with true structural issues based on everyone here saying "sounds like no big deal."

I don't even hear the nicknames "Methmont" or "Stabmont" being used much anymore ;) Not to be a stickler but I wouldn't really call it "outside Denver" as it's 45 minutes away and a distinct town from the metro, not a true burb like Arvada, Westminster, Lakewood, Littleton, Centennial, Highlands Ranch, Aurora, Greenwood Village, Commerce City, Northglenn, Englewood, Glendale, Thornton etc.etc.etc....

I suspect all of this is generally true of all pure tax lien states.

As true as this statement is, I've found the opposite to be true more often. 

To be safe, allocate 20-25% against the gross income for both properties and then use the remaining numbers as the true NOI. 

These are the only true recession and internet resistant.

Among his many attributes, he does a great job of really listening, identifying the true problem at hand, and providing good suggestions for solutions.

The gas stations owners sometimes keep 2 to 3 sets of different books (one for the IRS, one for true numbers for themselves, one for when they sell).

After that fifth year it is infinite (not completely true considering all factors, but approximately).