I have been doing this in USA market, started in 2011, Atlanta and now Detroit marketAs far as Oz markets go its been brilliant in Syd and Melb if you purchased during the beginning of the boom cycle in 2013 and sold out prior to peak. 

This effort certainly helps a newbie to determine whether or not it's worth it to pursue an opportunity to derive a profitable outcome.Additionally, your analysis certain gives credence when it's stated by an active wholesaler who has done multiple deals.

Don't be a secret agent @Joseph Shevy! 

Until you were literally the first client ever to use their service at that courthouse.I wouldn't jump at the courthouse just yet ... it's actually much more likely that you got a dude title search.Having said that, check the date that the lien was placed, because they could have:1) Seen the deed transfer2) immediately liened the delinquent bill in an effort to recover cost.3) not cared that it's you and not the previous owner, because they need that $$$just some thoughts, interested to hear any updates you have.

@Nancy Brook Brilliant!

Thats the Secret Sauce!!!!

Move your earnest effort/money into a less painful starting point.

I believe there will always be people who appreciate such efforts and are willing to pay for it. 

We are sitting down with our realtor tomorrow to analyse the deal differently with all of this in mind.Thank you again for how much time and effort each of you have placed in looking at the home and answering with so many details.

I try to assume the best: that they think we have some secret arcane wisdom here on BP that's superior to anything that they would find on google...