There are 2 tax lien strategy. You could decide you are happy earning interest at a stated rate or if the lien never gets paid by the home owner then you can foreclose the property. It is important to decide which of this options you want to go for as you will have to proceed in different ways.
Say for instance you will be happy with accruing interest. This is a great investment for a short or mid term when your main goal is to get cash flow and you have cash sitting around waiting to do some other investment.
If you would like to go for the property you have to consider that this is going to be a long term investment, you would have to consider that the property will need to be foreclose and check out the area as it could be in a zone with good appreciation potential and its depreciation and leverage potential.
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