Make sure you have an emergency fund of at least 3 months' worth of living expenses and good health/home/liability/disability/life/umbrella insurances.  1.  

@Dion DePaoli  f IRS redeems  then I think they have to make you whole plus statuary interest which I was thinking was 9%... but any improvements you do to the home past any that are for health and safety of the home would not be reimbursed.I have bought quite a few at the court house steps over the years with IRS liens I liked them actually because 99% of bidders won't bid on them because they cant backfill right away with their LOC or HML... this lead to some pretty spectacular deals in the day. 

Jon,I have a contact that is retiring from real estate investing because of her health.  

And that asbestos is bad stuff- for your own health and safety, I would deal with it first.

Keith -  MegaCorporations that are health insurers/hospital/family practice/everythings that gobble up a city and literally buy up all the doctors, change the insurance rules to screw everyone but themselves, and the paperwork...don't get me started.  

Oh and let's not forget a new sump pump with a battery backup.

Make sure you take into account all of the perks that come with a job; Paychecks, benefits, health insurance, access to printers, office supplies, etc. 

I'm still optimistic that technology will heal the industry by giving quality sponsors the tools they need to bypass intermediaries providing little or no value.  

Best of luck with your health

I work full time in health care where i want to start building other forms of cash flow.