The program is in the first position as a lien holder on your home which means that no bank is going to finance or refinance a home where the bank is not the first lien holder.  

Looking now to put it under an LLC (which I have already), but my current mortgage holder "doesn't do LLC's" so I'm looking for recommendations for investor minded mortgages. 

It's mostly premade and you add-up your own points such as "refrigerator - ice cube holder trays to be returned in the same condition as they were originally, tenant expected to pay for carpet cleaning costs, security deposit paid amounts and date, number of keys provided to tenants, rent payment deadline etc" 

A lien holder purchases the certificate at sale, if the property owner doesn't pay the back taxes then the certificate holder can proceed to sale.

BTW @John Thedford there are many fix and flippers, Buy and Holders, Property Managers, etc., that also wholesale.

Hey Olu,As a long term holder in the DMV area, I would lean towards cashing out to a % of comfortable cashflow and moving on to expanding your portfolio.

Of course, as is always the case, a lien will not be divested if the lien holder has not been given proper notice of the sheriff sale - so even a “free and clear” can have an encumbrance when a failure to properly serve notice happens.Hopefully that was sufficiently clear; if not, post more questions and I’ll do my best to offer clarification. 

As a buy and holder you want to develop good habits.

When I used to do my own tenant placement and wanted to target voucher holders, I'd post them to https://www.affordablehousing.com/ as well as the zillows of the world.In my local market there is at least one company that specializes in voucher tenant placement that maintains a CRM full of prospective tenants.

The second thing I think through is am I a buyer, a holder, or a seller in this market and would that affect my ability to sleep at night.