This is juts a guess, but imagine what house would sell for $3000, maybe its only worth the land value because the house is a wreck..!!?? 

Imagine who you would love to be in 10 years.

I imagine at least until you're about 15-20% in equity.

If it's not the same REI company, I imagine they could snake my lead once they see the taxes are past due.

If NWI isn't working for you, I can't imagine any place in IL would either.

Yes, I am an agent, but being an investor and knowing what all goes into selling properties for myself and my company, there are a lot of items to manage and by the time you get done I would imagine it would have cost the same.That being said, I have found TAKL to be our best go to for getting stuff done, and the provide before and after pictures.

I'd imagine you'll end up targeting the Midwest as that is where the majority of folks in your situation end up investing.

Id imagine I could get a rate about 4.2%What all would you consider before doing this or not doing this? 

Prosecutor with over 6 years of experience here (including prosecuting a real estate-related fraud case):Setting aside whether or not this is a JUST law (and not to be a keyboard warrior), but I don't imagine the people saying the charges will never stick have ever put anyone in jail and/or defended anyone in a felony case. 

Actually it's pretty hard to imagine a building lot in RI that would have a basis of less than $45K starting basis.