They became rich doing whatever they did to accumulate the cash.PS  The natural law function of inflation is to cancel debt. 

But then thinking about the future, is there good appreciation to a place that is constantly being bombarded by mother nature disasters. 

Sedona is very artsy fartsy and new agey - a neat place to explore both in town and in nature. 

I say that in the face of folks who ridicule me that climate will force changes to living standards, job development will be global and not as local or national, the natural course of the currency being devalued, and housing developments will be cyclical per usual.

So far so good as I have been getting the ball rolling, having bought over a half dozen tax liens so far, and doing thorough research on properties has become more natural with every new lien.But now I must ask: does anyone know anything about TaxSaleResources.com?

If you do that people will naturally flock to you wanting to help / mentor you.Good luck! 

-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.

What would you suggest is the best course of treatment?

Just a quick note @Caroline Gerardo that raw land can qualify for 1031 treatment. 

The building represented good value and is consistent with my focus on $2M-$5M total cost projects where there is a lack of natural market participants in the Philadelphia market.