Here is a part of the letter, I sent to the seller:The home inspection was completed on September 29th (please see attached) and the following issues were pointed out: 1.The wooden floor frame in the middle unit is deteriorating due to either prior water leak in the bathroom or due to moisture infiltration through the walls and foundation.2.There is evidence of significant settlement under the middle unit bathroom and north closet.3.The settlement of the floor and walls has also resulted in settlement of the roof frame above this area, ceiling shows cracks.4.There is an obvious depression on the roof – water is ponding on the roof above the middle unit, which adds excessive weight on the roof and potential for leaks.5.Asbestos containing material has been found.6.The current bedroom heat installations in the north and south units pose a safety hazard from carbon monoxide, fire and oxygen depletion.7.An electrician performing upgrades did not use ‘arc fault breakers’ in the north and south unit breaker panels, which is required by the national electrical code.8.Upgrades to the electrical system, promised by a real estate agent, have not been completed yet.

I am an active buy and hold investor in Geogia    I have 8 SFH long term rentals in the north east suburbs of Atlanta   I am currently looking to diversify into either another area of the country (probably Tampa, Fl) or perhaps to pick up a few beach (PCB) and lake (Chattuge, Hartwell) short term rentals to attach to a different market   I would like to connect with others in any of those areas to build a better network    I look forward to the discussions.  

Im guessing you can only buy tax liens attached to property that has 100% equity? 

I still have an couple of sfr's but I would stay away from anything attached for students.  

@Demond Hammonds yes they are attached as links to the original post.

Trenching around the property is the preferred mechanism, but in an attached multifamily situation, you would need to trench below the units along the adjoining walls.   

Sure you can buy it but I believe that would include any liens/mortgages that are also attached.

The layout is attached.

He said that I could get about $30,000 of the rehab costs through a program like ygreen.com, basically if you upgrade Windows, roof, drought tolerant landscaping, and other energy efficient items, you are able to get a loan that is attached to the property taxes for the property.

Just got the prelim title search for a property, the owner has a recorded federal tax lien on early June 2007, that lien is attached to his property, around $110k and he obtain a mortgage by refinance his property( property is previous paid off), the mortgage is signed by the End of Jun 2007, recorded by early July 2007.