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Updated over 11 years ago on . Most recent reply

Sales disqualified as a result of examination of the deed
Hello to all in BP.com world; love this site!
We are new at investing and hoping to find MF triplex or quad properties in FL to both lease long term as well as provide a short term space for our working visits or vacation rental. I'm still a dreamer I guess.
We noticed an ugly MF/quad property near the beach in a decent area of Ft. Myers. Upon searching online to find the property taxes to plug into BP Buy&Hold Calc, I found this:
Sale Price Date OR Number Type Description Vacant/Improved
202,000.00 07/16/2004 4388/400 08
Sales disqualified as a result of examination of the deed
Disqualified (Doc Stamps Greater than .70/SP Gr. than $100) I
100.00 10/15/2003 4283/428 04
Sales disqualified as a result of examination of the deed
Disqualified (Multiple STRAP # - 01,03,04,07) V
65,000.00 10/01/1996 2764/631 03
Sales disqualified as a result of examination of the deed
Disqualified (Interest Sales / Court Docs / Government) I
93,500.00 11/01/1993 2454/318 03
Sales disqualified as a result of examination of the deed
Disqualified (Interest Sales / Court Docs / Government)
Should we run way from this one?