Hi Leo, its been years since I closed on a HUD property but you close on the property as soon as title is ready like any other property.  

All the other real estate in my businesses are counted as assets minus the debt liabilities for net worth purposes and the business income that comes to me is counted as part of my personal income.

Many hard money/bridge lenders will collect interest payments up front at a closing to cover payments for a period of time.

Now the post test reveals I have pvc sewer line leaks under the concrete foundation. plumber has found multiple breaks in the line which need to be repaired and has provided an estimate for tunneling under the house and replacing entire 45ft main line!

If he does, and the court finds that such request is reasonable, a "qualified entity" (such as a bank) will conduct an auction, and the owner of the tax lien certificate will only recoup his costs and interest.From what I read in the present forum, the above problem is now present, or in the process of being made law, in other states as well.Now the MAIN questionIf you have stopped investing in tax lien certificates after 2023, was the above one of the main three reasons?

This is my first Brrrr I'd start the process to get the appraisal ordered and try to get a tenant in there before closing on the refi, otherwise the lender may lower the max LTV

While down to the studs can look more intimidating, the advantage there is a clean slate. 

Their entire business plan is wait a few days to come out, charge  deductible, go back to the office to order a part or two that will come in a day or two.

To make taxes easier we set up a business checking account and had all the rent paid into that account and all the expenses paid out of that account.

A few friends of mine were just straight up taken advantage of and ripped off and lost a lot of money even despite the market moving in their favor.