Such Inspeaction shall be conducted within 21 days.

Conduct due diligence: Conduct a thorough inspection of the property to identify any potential issues that could impact its value or require repairs.

It is definatly different from state to state, I think New Mexico is theo nly state that does it this way.I will have to check with a title company as you suggested to see if they recognize a quit claim as an ownership transfer.research is definatly going to be a must for each property.I think that if proper research is conducted and I can verify that a full title can be obtained with the quit claim NM might not be a bad place to purchase because there may not be much competition at the auction due to the fact that most investors will run at first glance of the laws surrounding it.Or maybe NM just sucks for RE investing and I will drive down to Texas and check that out.

Should I establish an LLC for my business before conducting ANY transaction?

Once taxes have been delinquent for two years, each September the counties conduct an "Upset Tax Sale" where no liens are extinguished, just the tax obligation is getting paid; this is like a "subject to" transaction but subject to everything of record.

While a realtor might not be able to disclose the names and contact information of cash buyers, a list with addresses of properties purchased with cash can give you a good jumping-off point for conducting your own search through public records. 5.

You need to have a solid agent with experience or at least willing to video conference you so you can see not only the home but the area and street.

I would suggest being patient, continue to search, analyze deals, educate yourself, network, ask for advice, go to meet ups/conferences, stack your savings and be ready to pull the trigger when you find a deal that does make sense.

I conduct quarterly inspections and I handle things from the very first contact in a way as to make it clear that ANY lease violations will be handled strictly with eviction being a real possibility...

The City and Chamber of Commerce have done a great job of promoting conferences and events (Triathalons, Dickens, Biker Weekend, etc.) to keep rooms filled in the winter months.We did great with a property just a block from the Seawall that meant it was actually in an X zone and no flood insurance required.