Betting that is going to happen again while new smart participants have entered the market(sophisticated players like black rock) and retail (everyone who watches finance youtube knows about real estate) I think is a foolish bet.

Curious as to whether it's a safe harbor plan (I'll bet it is) and how much it costs (I'm guessing "more" based on the marketing).

Even if its not applicable to how you are looking to invest, areas where the government is putting a bunch of money could be good bets.

. $800 a year in franchise tax fees is my no means sufficient to buy liability protection from a determined litigant.4) Would you hire an environmental testing company to test the land (to which you have no legal access - but I doubt the dead guy would call the cops on you) once the foreclosure process has progressed well enough, but before it's conclusion, so that you tell the lawyer to stop foreclosure in case some major contamination is discovered?

I'll bet less than 1% redeem, so you never earn that interest.   

Based on the info I've received from a few nice people here, it's looking like a BRRRR/house hack is going to be my next best bet.

Hey Ivan, since you mentioned you're new to real estate investing, starting with a turnkey property and house hacking first might be a safer bet.

Did you ever make any progress , i am also looking to take one of my existing properties and converting.

Aside from RE (but business goals related) I'd like to do financial advising on a consulting basis, am currently getting my CFP, and have been pursuing financial independence for six years and hope to be FI within the next 3-5 years.I'd love a mastermind group that can discuss real estate and business/investing goals and progress, be inspired by others successes, and learn from one another.

That's what I would do (and have done), and it's the much safer bet, with a higher probability of success.