Both Carrollton and east Plano are situated on major highways and will most likely experience improvement as people moving to Dallas run into the same situation you are in however, I am just speculating.

As @Tony Gunter points out there is likely back taxes due in addition to any outstanding fines. 6) Understand that at this point if you don't eventually untangle the estate the county will take possession of the property due to any back taxes or liens placed on the property.

I talked about buying my first house from the state highway department in Bigger Pockets Podcast #82. 

The location on where you house is located.If your house has a good path and close to the highway 92 it rents more.The traffic getting on the 92 bridge is really bad.If you decide castro calley add another 30mins to your commute.Hayward is changing.

The outstanding default amount is pretty close to the current (pre rehab) value.

I am hearing most feedback about income is acceptable to be collected by LLC while title is in my personal name, but still outstanding is in my original question was about the tax implications.

Eric Petersen I think I would try to keep an outstanding tenant by small and incremental increases.

The views are outstanding and mind blowing.  

On a new home purchase, the bank generally requires a current owner search or e&o report, which covers at least a 24 month chain of title up to 30 years -- which should cover any outstanding "voluntary" or "involuntary" liens on the property.

I plan on going to the local Keller-Williams and checking them out because I have heard they have an outstanding training program which is what I am looking for.