Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.  

No deal(s) just insights & offers to obtain a premium membership that cost ten times the membership you already have (with monthly or annual dues).

It's important to understand the zoning/code requirements and obtain all necessary permitting if you intend on operating your real estate as STR anywhere in the country.

You can surely buy cheaper properties and obtain the same debt pay-down, but now you've got 5x the head-ache, so right asset class is more about efficiency when it comes to debt pay-down.Tax shielding is similar concept in that more expensive properties directionally give you more building basis to depreciate, which means less net income to tax.

Personally, and what I would do for my clients, I would connect with a local community banker to discuss the property and see if their bank would entertain this type of financing (not all banks like doing this type of deal).

It sounds like the Title Co. was not aware that the tenant prepaid rent and just prorated the current rent for the month of closing, so agree if they had no knowledge of it, would not have ever gone on the settlement statement as a credit to the buyer and they likely will not do anything post closing to help obtain those funds. 

Obtain the necessary insurance as well to guard against any hazards or damages that may arise throughout the renovation process.6.

We didn't because we needed to provide POS in order to obtain our STR permit being that previous owner had a permit on the property already.

I mean look at it this way; remove the entertainment industry, say it collectively relocates to Nashville, what would happen? 

Now I question if I will be able to obtain fire insurance.