The couple times I have bought with these liens in place, it has been done correctly, but you should definitely make sure proper notice was given or the IRS lien technically remains in place.I disagree on duration of redemption period as you posted it; see link below for 26 U.

All of the activity of the property remains on your personal tax return. 

As far as I know whatever the rent is for that unit will remain the same and small increases of 1% or so a year are common.

Closing and fixing a house def takes up more then the remaining 1/2 a job even as I do hire out as much to contractors. 

Reason I say "NO" to any Heloc if its for a Down payment or over $150K is because Heloc rates will remain higher and the terms are always under 30 years versus a mortgage.

Yes, the chain of title remains intact since you are the owner of the LLC.• How much will the appraisal cost and how do I get started?

Meridianville (10 north of downtown Huntsville), Decatur (25 miles southwest of town), or Athens (30 miles west of town) will have plenty of B/B+ properties under $250,000.Given that cash flow is your primary goal, these areas outside of Huntsville may be a better fit for you anyway—rent-to-price ratios are definitely more favorable outside the city limits than within them.Still, Meridianville, Athens, and Decatur remain close enough to Huntsville to share in the area’s growth which, in my opinion, bodes well for long-term appreciation.

Prices and rents continue to increase steadily.Sales - $/SqFt by Month(Click to enlarge.)The median sales $/SF was up 9% YoY and 6.7% YTD.Rentals - $/SqFt by MonthRents rose 4.3% YoY and 6% YTD.The Market Remains HotFollowing the rapid inventory decline starting in Q1, the number of days on the market for sales remained below 17 and for rentals below 19, indicating strong demand for both.Sales - List to Contract Days by MonthRentals - List to Contract Days by MonthRental trends tend to follow sales.

So In SIMPLE terms; you are stating that REGARDLESS of whether the FULL $60K in funds paid to the Seller for the OPTION to buy the home at $300K is APPLIED towards that $300K "Strike Price" reducing the remaining amount due to them to $240K OR if only $30K of the $60K in funds paid to the Seller is APPLIED reducing the the remaining amount due to them to $270K - the Tax Treatment for THEM (the seller) is the SAME on the $60K paid for the OPTION ?

You can spend the remaining funds on other improvements and write them off as business expenses.