You are put in the position of having to accept their title insurance (which frequently includes exceptions) or losing your deposit. 

But a good set of rentals will always provide cash flow, and almost guaranteed equity in 3-5 years (unless you blow the initial deal).   

Now that my first rental is giving me a $500 cash flow I have about 120k in equity as well.  

Im guessing you can only buy tax liens attached to property that has 100% equity? 

I am looking forward to contributing to the forums, especially topics including: financial analysis and underwriting (a class I teach at UCLA), leasing commercial properties, and flipping v. renting (via my former position at American Homes 4 Rent).

Would love to hear some of the positives and negatives from the community.

This cash flow does not include equity gain from making the payment which is in effect additional cash flow that can be obtained with a little effort.

My passion is to invest in real estate as well as provide my level best in assisting others with their Real Estate needs.I look forward to engaging and being involved in reading/analyzing as many blogs - books - podcasts - personal experiences to which can help benefit me and others positively within the realm of the Real Estate industry.Thank you for taking the time and reading my post.

Most investors want a 12% cash on cash return, which works in this scenario if you are splitting the cash flow 50-50.Is there equity in the home that you own?

Yeah, not a whole lot off retail, but this would be basically no money down except closing costs, and would still cash flow about $300 a month, while building $10k a year and growing in equity.