My partner @Will Jones and myself conducted our research by simply getting out there and driving the various neighborhoods.

Turnkey is great for out-of-state investing or for those who simply want an investment portfolio that generates monthly returns without needing to be hands-on.

        @Mike MoRo          Are you in the process of getting title (filed suit) to the property and discovered there is this lien or have you recorded your deed and somehow discovered this?

So by simply acquiring the homes and doing some renovations, we'll have immediate equity in the properties.Im looking to partner with some one that knows how to pool investors and spread the word about the opportunities here in Central Arkansas

The back taxes simply get paid at settlement.

Did a small one with Groundfloor simply because they are close and paying close attention to a few others.

I don't want her to lose the escrow deposit I will be making with my offer simply because she can't get financing and the agreement is clearly not contingent.Anyone on here have experience with this type of situation?

I look at it like 20k or so minimum then maybe 2500 to 5k a door up to a certain amount.better to be safe than sorry and its not like the money is spent its in your account and you could do very short term investmetns with it as well.. like short term lending. ( carefully)Most investors that run into trouble are simply undercapitalized have too much debt and when they have a bad day they can't get their units up and running and it becomes a cascading effect.

I paid the annual $30 for the membership, but I THINK that was simply for meetup.com, and might have been totally useless.

Investors can simply pay the bank judgement, and cut a deal for the owner to walk with some money - now that they're going to lose the house and equity at auction, in addition to getting foreclosed.So again - this does not explain - why has this house landed in Auction - when the judgement amount is way less than the market price.