Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

Originally posted by @Arnie Abramson:@Daron Williams before you try and sell your lot you need to know that you may have to wait 2 years before getting a title policy. 

yes whatever I buy I will be living there as well, guess I should have noted that in my original post.

Eastern PA.Point was, all those people who are Airbnb only are mostly just uninformed and not open to other better possibilities Originally posted by @Brendan Curley:@Ken Latchers where are your properties located? 

Here's the original post: https://www.biggerpockets.com/forums/517/topics/1222034-pote...Thanks to @Michael Plaks for highlighting that the 12/31/2024 deadline and the enforcement and the penalties are back, as of 12/23/2024!...

Originally posted by @Greg Scott:There was someone on this forum that was trying to use crypto for his downpayment. 

2 years later in Nov 2024, i am checking in to see everyone's opinion to the question on the original post. - What do you think will be theNext gentrifying neighborhoods in and around Chicago?

Foreclosure sale could sell at same price as original purchase, but with accrued interest and fees, all LP equity gone.At the end of the day, all LPs loses boil down to an issue with cash flow available and/or a decline in overall values.  

Originally posted by @Joe Kim:There are many ways to approach this difficult task of convincing a owner or landlord to rent to you as an investor ONLY to sublease (aka Master lease) the home to furnished short-term rental.#1 NUMBERS GAME:  It's not easy.   

New Jersey is one of the least landlord friendly states in the country - FACT.Liberal policies are not friendly towards landlords- FACTNew Jersey is a liberal blue state - FACTI was nice in my original post.