If your client were to go that route they could completely defer all tax indefinitely by selling their property through you and then subsequently buying new investment property.  

A claims adjuster will likely be on your side for all the reasons you mentioned above, but a crappy thing that can often happen is--you need your roof fixed, your insurance carrier wants to help you so they decide they will pay your claim, then pursue subrogation with your neighbor's carrier...x,y or z happens, the subrogation is delayed, the other carrier has a better attorney...whatever, next thing you know, you are stuck with the claim on your record costing you increased premiums for insurance (in potentially multiple ways-auto, rental properties, umbrella...etc) and waiting (indefinitely) for the point/blemish to be wiped.  

At end of 30 years the loan payoff would be $67KOnce I meet with her Friday i'll get a better understanding of what her financial needs are and hopefully we'll be able to help each other out.My exit strategy:1) Buy and Hold indefinitely while cashflowing at least $175 per month, using the reserve funds to ultimately rennovated/modernize the property and install central air, increasing the appreciation.2)Lease Option w/ non refundable down payment.

E2 is unique that it allows indefinite stay in the US, however it's a non-immigrant visa and employment or other forms of active income aren't allowed.

Keep in mind that we plan on holding the property indefinitely.

When the certificate is "redeemed" (paid back by the owner) there is interest and a bunch fees added to it.Very apparently.Thanks for the response.So it seems like once the tax bill receives that huge bump from the cert, then that tax bill remains inflated indefinitely?

If they come by car make an excuse to go out and casually look inside.

Oh and by the way, these unfortunately displaced folks will be lookingfor a relative or friend to bunk up with or a motel to check into, if they can find one, for an indefinite period of time while they figure out if, how and when they’ll be able to repair and/or replace and finally move back into their home.Those so unfortunate to have become "Displaced" will probably even have to get used to driving a distance to get to their favorite store, doctor, dentist, etc.Getting their children to and from school could be a challenge unto itself.

All else being equal, the applicant that said she would hope to stay indefinitely (if the landlord allows through lease renewals) would be favorable to the applicant who plans to move after graduation or something.  

I could pay cash for the note and leverage the repairs, but I'm open to ideas.Also beings she wants to rent it indefinitely, should I consider a 5 year lease with 2% yearly increases?