Obviously you want to lower expenses while maximizing revenue. 

That's $1,600 per month plus to pay debt, plus at least $400 in taxes and insurance.

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

Worse case I just continue to manufacture them through my fix-n-flip business and buy with seller financing where available.Also, is tax lien investing really viable today? 

BRRRR, Fix Flip, taxes, deal analysis, market analysis, marketing, financing, etc.  

It links to our business bank account and our business credit card so come tax time, deductions should be easier.

Is it tax smart? 

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area.

If I were you, I'd pass on this property and look for something else (and I suggest a 3 BR) under $80 that you can put a little rehab into, unless insurance pays your family member a bunch of money and they accept a much lower price.