I spoke with the Tax Commisioners office and they said so long as i am the winning bid, then the owner of the property has a year to pay me back what i bought it for +20% and if they do not i can foreclose on the property 12 months + 1 day after winning the auction. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Parkersburg.

Purchase price: $15,000

Cash invested: $1,000

Purchased at auction for $15,000, needed some paint and propert...

Keep an open mind as you learn about the facets of real estate and I bet you'll find something you enjoy.

Either way, best of luck, no matter what you buy in BK you will win over time.

I bet she'd be able to provide some advice!

Win win. 

Most technicians work business hours and the tenant is already there so I don’t have to show up to let them in which is a win for me.  

You don't have access to wholesale lenders, so you end up winning with the competitive rate.

.*  Roth may win here, but that income offset is sort of nice.* Before everyone piles on about RE Pro (yes, that is one way to do the offsets), realize that at the disposition of an asset, Cap Gain unlock passive losses to be used against all income. 

As the market has changed the last year, I've still managed to find great deals and I know how to win offers.