Talk to a title and escrow company for further details.

THANKS again for all your time and detailed response. 

I should know more details early next week....

There are more details but these are the main ones.My question is this.

My main concern was am I entering the acquisition loan details correctly?

@Frank Ma - Age, condition and mechanical details of the building and what that means for differed and future maintenance:  flat roofs, central chiller, age and condition of ac units, etc.What is the unit mix and is it appropriate for the area?

I’d like to give you the details and see what yall’s thoughts are...10 Unit (of 2 buildings)Listing Price: $1,100,000Potential Gross Income: $124k6% Vacancy (but building is currently 100% occupied).Effective Gross Income: $116kNOI (Including a 5% CapEx and 7% Property Management): $75kDebt Service is around $50kLeaving me with an annual cash flow of $25kDSCR: 1.5B/E Occupancy 73%Cash On Cash: 7% (with 30% down payment)On paper, it seems like a great deal based on everything else I have analyzed in my local area.

@Bob Langworthy, thanks for sharing the details.

Before I mention all the juicy details, is ANYONE interested in purchasing this great house?

I'm pretty new to all this so I was wondering if anyone would be kind enough to share with me any resources or guides that go into detail about tax deeds.