You are at a critical decision point...the management of the asset.

You want to make sure you get a referral from a credible source as well, because a good property management company is critical to the success of the property. 

This isn't a criticism, it's just a fact based on a 24 hour clock, and 12 month calendar, lined up against the number of properties that exist.Oh, and that trust you speak of is very important, but it's earned...not assumed.

It is critical to understand what you're signing up for, particularly to protect your downside. 

Was hoping to get any information-critical components of a sheriff tax sale.

This is my niche.I find that it is my duty to be the one in the trenches, to weed through all the info sellers provide with an experienced, critical eye, rather than just trying to sell my own listing to you.As far as building a team - I have lenders, property managers, contractors, insurance providers, and more ready to work for you, and I do not have any financial arrangements with any of them.

It is critical that as Newbies we learn from those who came before us. 

But you don't criticize that.

As to your question: I think the 2% rule for Anchorage is very hard to do, and not critical for success (but does make it much easier!)

Some constructive criticism.