Unfortunately there isn't too much you can do to ensure anything, except the track record of the individual/company, meeting/interviewing them until you feel comfortable with the situation and doing all your own research into the proposed property/properties.One of the things we tell new investors, if you're thinking about investing $100,000 and aren't 100% sure, invest $50,000 and try it out.

If you haven't studied tax sales before, I would first study all the details before making any purchase.So, there is some wackiness in PA laws that can lead to confusion; let's try to clarify things for all readers.What I will be describing applies to areas in PA except for Philadelphia and Pittsburgh.

I suspect it would be more of a challenge to find properties and sell them to someone else - who, in turn, would need to be able to rehab and put into service cost affordably - and make a small margin in the process.While I've long been a skeptic that one can make a living wholesaling in Canada - with the possible exception of GTA and MTL (Vancouver is likely too hot at the moment). 

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

There are some exceptions.

And MFR isn't likely to cash flow anywhere around Atlanta (except maybe the super-ghetto but like dangerous ghetto levels).

Tiling my bathroom this weekend :) As far as areas in Claremont to stay away from, I avoid downtown, except right on Broad street.

I found out job shadowing, interviewing others, and conducting market surveys in person were far more valuable tools than any of my beloved books (except maybe for the rent roll book).

Apart from falling under one of the very specific exceptions (e.g., relocating for a job, your family grew too large and your current property cannot accommodate it, etc.), I'm not aware of any "exit strategy" that would allow you to obtain an additional FHA loan apart from selling the property or refinancing into a conventional mortgage.

Pretty much everything looks good except property taxes.