I have been thinking about tax lien and Tax deed sales as of late. I have been looking for a place to park a little cash until we see a dip in the market. I figured tax liens/deed sales would be better then leaving my cash in a savings account to let it get eaten away by inflation.

Does anyone have any advice for a newbie tax lien/deed investor? What are some potential pitfalls to look out for? Do you know of any good training material to help me gain the basic knowledge that would be need to succeed in this category?