I simply let the tenant know about the change of ownership via a letter, telling them what number to call in case of needing maintenance and where to send the rent check.  

Enter into agreement with the seller as a principal with your LLC.It’s helpful to be licensed if you do these.You don’t have to act as an agent to enter into an agreement, you act as a principal.You just state to the seller that your licensed and your entering into this agreement as a principal.

Enter repair in PM app (or tenant has already entered it)Assign to tech/handyman/etcUnit either has electronic lock on it or is has master-key accessIf handyman, he has door code or master keyIf 3rd party, they will be instructed to coordinate with tenantRepair is completed and marked as complete; tenant is automatically notified

I am assuming the mortgage company will still pay the tax bill and I just received this bill as standard procedure from the county simply making me aware of the bill?

Just because there are no barriers to entry does not mean that everyone is a wholesaler.I understand that there are some legitimate wholesalers out there, but how do you guys feel about the fact that anyone can simply call themselves a wholesaler?

Heres the way I calculate it,(Gross Scheduled Rent) - (Vacancy rate (at least 5-6%)) = Operating Income(Operating Income) - (Repairs & Maintenance + Utilities + Taxes + Insurance + Management Fees (at least 8%) + Replacement reserve (capX)) = NOIThen I simply divide the asking price by the NOI (Asking Price /  NOI) to get the cap rate.I can't find anything above 5 or 6 % at best, am I doing something wrong or does the MLS just suck that bad??

You could simply get a mortgage on your property.

I honestly don't know how to go about this.I'm looking to enter the world of REI.I'm good with social media,networking,marketing and like to see how houses are remodeled etc.I have tried going to REI clubs.But i meet investors that wants $$$ For there classes.I'm willing to work hard and prove myself.i'm located in miami fl.any suggestions would help out tremendously

For this reason and more (like abatements, homestead exemption qualifications) simply call your local assessor to get the information "straight from the horses mouth" as they say in Texas.

Anchorage is a bit like Seattle or San Fran, takes a lot of money to enter the market and not a lot of cash flow.