House needs some Interior Cosmetic Work, Wood Fence Repairs and some Plumbing Work.I want to turn and run, but I recently heard where there is a Problem, there is Opportunity.I thought this might be an interesting Case Study.Thanks for the Ideas.If they owe $180k on a $210k property and its a year+ behind then they probably owe taxes and other bills as well.

Furthermore, California has a very anti-landlord and anti-real estate investor government that can cause you all sorts of other problems as well. 

A lot going on with the City government.

No matter the number of units, there is one roof, one property tax bill, one sewer line, one gardener bill, etc. 3.

The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.

For tax purposes, rental income is generally recognized in the year you receive it, not when it is paid.

Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The government of Costa Rica has a policy to limit development and doesn't invest much in infrastructure to bring tourism.

You can always use a software like Turbo-Tax and follow the prompts.