There is a whole market out there where folks purchase properties and resell them at a premium via seller-financing or lease-option to folks that wouldn't qualify for traditional lending.If you're really interested, you might as well shoot out your lowball offer or a letter expressing your interest to purchase at a lower price and asking for further communication.

Depends on what return you want and how active you want to be, and how long you want your money invested.Option 6: Buy land and resell on owner financing for 50-100% above the purchase price. 

@Paul Castillo, @Natalie Kolodij, is right, if you purchased the property with the intent of reselling (flip) you cannot do a 1031. 

How long would an issue like this take to be resolved through tittle insurance, I have zero experience with tittle insurance claims, is this something they would handle right away, if I’m ready to resell the property and the lien becomes an issue.

That seller could resell the property to someone else, record in the Registry, and now that new buyer would be the legal owner. 

or resell and keep upgrading?

C and D equals trouble; low rents; crime; vandalism; vacancy; AC units being stolen; copper being stripped, evictions; increased repairs; difficult to resell and ongoing bad news.

@Will BarnardI was getting the 80k from a loan officer at the credit union that my dad is close with and I was estimating that number just to be a little conservative with what I think I could resell for and because it’s also smaller than the surrounding houses.

Also, be very careful about what you think you resell the house for, what the rehab will cost and what would like to buy the house for.When analyzing scenarios such as this you really need to reverse engineer them by identifying the most accurate comps (bring in an agent if you struggle with this but just look for properties of similar size, characteristics and location that have sold in the last 6 or 12 months). 

You find something underpriced, maybe perform some minor painting or other quick fix, and then resell it for a discount to an investor.