@Lily Jensen Getting a HELOC on an investment property is not an issue.

Similar issues happen with VRBO and Airbnb electronic payments:(

The town granted the restaurant a temporary exemption based on the fact the business creates jobs, which would be reviewed with new owners or landlords.Another issue is mixed use is structures from another era and it's use had been grandfathered.

You can file paperwork yourself or as others have stated, hire an attorney.Typically, you'll want to have a notarized affidavit filed or writ of possession issued and signed by a judge.This can vary from jurisdictions so if you are unfamiliar with how to move forward it may be best to consult legal counsel.Legal counsel will typically cost in the low thousands after filing fees, processing fees, attorney fees, court costs, etc.

The city has issued licenses, they are just very limited, hard to get, and there are a lot of restrictions around how it can be used. 

First and foremost, buying more than one property at tax auction is advisable to help you unload those that may have liability issues. 

No issue.  

If it will be owner-occupied, there are a number of compliance issues to ensure you address (Dodd-Frank, etc). 

A costly example could be remodeling information claiming a permit was issued when there wasn't any in the county's records.

Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.