Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

Deferred rents to let me launch, furnishing on deferment, etc etc.. 

At the same time depreciation recapture is taxed at regular tax rates, not capital gain rate.

Sometimes the recorders office may not be online but the tax appraiser is.

After closing, when the property taxes were due I never received any bill.

A mortgage lender can help determine if refinancing or tapping into equity might allow you to acquire additional properties.Consider a 1031 Exchange: If you're open to selling a current property, a 1031 exchange can defer capital gains taxes while enabling you to upgrade to a larger or more profitable asset.

NJ has the highest taxes per capita in the country so high taxes are expected especially in Northern NJ.

This might make sense, but again, you are just deferring the taxes and now pushing tax from capital gains to ordinary income. 

I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction? 

LTRs with long term conventional financing and standard management aren't really cash flowing anywhere right now. sure, there are lower cost markets that look better on paper, but there are costs associated with those supposedly cheap markets as well - deferred maintenance, more challenging tenant base, higher cost turnovers as a percentage of the rent.2. i wouldn't pick a random market thousands of miles away based solely on statistics or numbers.