Practically what you will earn from participating in tax sale auctions is an interest rate of return.

I bought my first investment property in Cleveland just about a year ago... more specifically, in Clark-Fulton, which recently had and is still having money pouring in.

I can also recommend a fellow investor/lender and a hard money lender too depending on your exit strategy.

How much money are you tying up into each deal?

They do work like cash, so the money cannot be recalled.

Title company is asking for an Uninsured Title affadavit to refi out of a hard money loan.  

The lure of easy money and scaling too quickly is the most likely path to being a forced seller.

If you have more time than money, this is the free way to do it.If you value your time, then use one of the paid sites, like flsonline, foreclosures daily, or a host of other data providers. 

Its the same process as if you were using a bank but the money is coming from another entity or person and not a bank.

That being said if you know you’re not responsible enough to put the money aside every month for these expenses when they come due then leave it all rolled into your mortgage payment.