Tax deed sale question - protecting your investment
I have been doing real estate for a couple years and I am looking to get into some tax deed sales and I have a few questions. My state is a tax deed state where if the tax payer does not redeem their taxes within 30 days its becomes the tax deed investors. Well usually the investors here wait about a year then they get a quiet title.
My question is if I invest on one $50k + tax deed and it has a building etc. on it. Are you able to get insurance on it after the 30 day or can you get forced place insurance put on it?
How do you protect your investment from someone thats mad or an accident while your waiting for you 1 year?