I will follow your advice and contact the S.O.S. to inquire about reinstating the LLC. 

And by the time from the house being under initial contract all the way to finally selling the thing.... months of time and hassle, although costs should be accounted for its still allot of unnecessary risk and time spent with a house on your mind for not much reward. instead of using a 70% rule, do a detailed estimate on the big array of holding costs associated with inquiring and holding and selling a property, that will give you an idea of what would be reasonable for a cash buyer to need as motivation to pull the trigger.

Yes which is why I came here to inquire because I am so green I still bleed green sap.

If access to it isn't necessary to get reasonable rent, you might inquire if locking off the illegal basement would be sufficient.

I'd be curious why they'd take a lower offer, unless they had accepted it prior to yours.I inquired about that and was told the Seller preferred the person who ended up with the property.  

I inquired on financing for a 12plex and the lender, a local bank, offered several options, one of which was pledging one of my free and clear 4plexes as collateral for most of the down payment, and then about 5% cash from me to have some "skin in the game" (his term).I was unaware of this option, and thought that was pretty aggressive.

At the price she wanted, didn't make sense, had to pass.Lastly, this is where my question comes in.Property with Tax LiensI inquired about acquiring properties that have tax liens in some towns in my target market to build a list and send out a marketing hit on these people but had a question on what the tax collector meant on this email.Attached is a list of properties in tax lien status.

I've inquired about the Charlotte State Street deals several times with nary a response.  

My name is Dave I have read books listened to CD"s made a few calls to inquire on properties.

I would like to inquire about your buyes list.