I'm interested in both; tax liens because of the favorable interest rates (16% in MD, 24% in Baltimore City), and tax deeds because of the ability to obtain property free and clear.Am I accurate in my thinking?

Listen, I've bought and sold many investment properties and I would never go look at a place unless it's close by or in my city.

(Not much, small hick town) This city is striving for modernization, but unable to reach it because of one to many rednecks.I live in south Florida, where modernization/ culture are keen.

I have found a building on the main street of a small city population 19,000.

There are a lot of hot areas within Charlotte's city limites right now.

I am in Charlotte, NC and we are seeing an influx of people relocating to our wonderful city.

I have no idea what I'm doing (I hesitate to say I am "new" to real estate investing because I'm not doing any investing by definition) but this is what I've been doing as well.Luckily my city has records online so I can see how much a house was sold for and on what date without getting off the couch.

Good location in a growing city with moderate (2%-3%) but very steady appreciation.We have enough income to own both houses should this one go vacant.Some background on us:My wife is a liscensed (but currently inactive) realtor.

If I rent a property out to someone, do I have to be in the same city if something goes wrong?

I then went home and looked at the city appraisals for properties in that neighborhood.