Properties sold at a judicial sale will no longer carry any taxes, liens or mortgages against them.Further, It's important for investors to factor in the potential for redemption when deciding what price is fair for a tax sale property.

@Paul Sandhu What factors do you think played a part in the trailer failing?

Not sure how positive this would be, the uptick in the market was a factor in the discontinuation, as more investors are becoming active in the area.

PITI of $2400, on property that rents for $2500 is a dangerous investment unless you factored in expenses.

It is a hundred percent wrong. there are a lot of factors involved.

You decision should be based on many factors.

I have a single family home just outside of downtown Atlanta, GA (Oakland City) and it has an unfinished basement with an external entrance to the backyard.

Some agents hit the streets better in the Brooklyn, Queens and Bronx markets, and that will also be a determining factor for you. 

. * Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)* Don't allow for your own independent property inspection* Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)* Require you to pay for any renovation upfront* Sell only in cheap. low end neighborhoods* Don't accurately represent the neighborhood/property classification* Don't have consistent rehab standards for all properties* Don't provide a scope of work for the property* Can't provide references of repeat investors* Require you to close before a tenant is in place

I think that if I were a PM company I'd certainly want to be able to easily slice my data by neighborhood or other factors.