Am I being played or is it wise for me to just do this so i can avoid the headache of legal fees and having my investment money tied up in a property for months? 

My guestimate is that 500 to 1,000 of those properties were livable homes.The vast majority of those homeowners were only one year behind on their property taxes.There is no real money to be made from redemption of livable homes in Arizona though.

CREXI doesn't really have a way to search for RAL properties for lease, just for sale. 

After three years of managing all businesses and properties, we built up our capital and transitioned into full-time investment in Multi-Family Commercial Units.Since then, we moved to Nashville, TN, got engaged, and have two beautiful fur babies.

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

The city is still getting property taxes. 

Even this is an incomplete list.Worst of all, the main reason not to make this loan is that you will not hold a first position-lien against the property.

Quote from @Amy Jones: Hi, I'm looking to buy my first property soon and I would ideally like to become a section 8 landlord.

See if there are cash-flowing properties to be acquired…. in less desirable neighborhoods I suppose (Glen Burnie, Dundalk?

Get a 50% LTV loan and buy another property just like the one you own.