I tried reasoning with that individual as well but similar to you, seems adamant this strategy works.

Seems like anytime after 2010 and before 2022 would have been an ideal time. 

For example, in 2024, as a single individual, you make less than $146,000 MAGI, you can make a full contribution to the Roth, $230,000 if married filing a joint return.

Can you share your experiences on inheriting less than ideal long-term tenants after purchasing a property and how you got through it or resolved it?

Some times in a slow market and we need to attract tenant to sign a lease, we throw in some of these items because the cost of individual items is less than we lowering the rent by even $50 a month ($600 a year).

I deal almost exclusively in commercial property, and in the few occasions I’ve done residential deals they’ve been with investors.  

I'm not so much a DIY type when it comes to legal matters so I am looking for an experienced attorney who specializes in tax foreclosures - ideally in that county.

You ideally don't want you purchase price + rehab budget to exceed 60-65% of the ARV to properly BRRRR, as most of the time you'll only be able to refinance at 75% of the ARV.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Ideally, we'd love to find a duplex or multi-family property with the potential to live in and rent out.