If you die, the property gets a stepped up basis to your heirs   If you sell to reinvest on another RE, you can 1031 exchange it postponing the taxable event.It also happens that cash flow has been historically a small fraction of my return and this is on ~$500k/year rent.  

They do provide some opportunity for the homeowner to prevent or at least postpone a tax auction and not have to pay the 25% redemption costs. 

You will postpone capital gains and likely increase your cashflow which over time will help your reserve account.

As I stated before, keep them informed and I would ask them to postpone the condemnation pending the eviction as I would be very concerned that I would be required to meet current code on a 50 year old duplex

Everyone's W-2 tax withholding has already been reduced to reflect the lower tax rates; so, people have more cash to spend, invest, or reduce debt.With a 30% tariff on panels, inverters, and tariffs on all racking hardware (made of steel) the effective net tax/tariff rate hike has led us to postpone or cancel our capital development plans.

This way, you don't have to restart the fc process over should your borrower default on the 1st, 2nd or whatever payment, you can just postpone the sale date.  

If I didn't want to go that route, I could work on building up enough savings to get started, but then I'm looking at postponing this "education" for probably a year at least, & possibly losing his interest in mentoring me.

They postponed the auction date for another month and we were able to close 10 days later.

With a new 180 day window you can postpone the sale of the old property to get a little more appreciation or capture top dollar.  

Small items might be taken care of but in the end the majority of the maintenance just gets postponed and accumulates.