All depends on state and when that was recorded as if it was in foreclosure it was probably a judgment on recordDid you not review title or information before buying this at auction?

Deciding whether to hire a property manager depends on several factors, including:Your Availability: Do you have the time to manage tenants, maintenance, and legal issues on top of your existing responsibilities?

It also depends on the extent of the foundation damage and repairs, I have done minimal slab crack repairs on flips and disclosed to buyers, without any issues, and I have also done more extensive slab repairs with plans, permits and inspections, and also disclosed to buyers, without any issues. 

That would be depend on how much cashflow you can generate from your primary as a rental versus what an apartment will cost you.

No—LTR PALs can only offset passive income, so an STR’s non-passive losses won’t absorb them.Cost seg studies and bonus depreciation depend on each person’s tax situation; they’re not only useful for REPS.

@Rene Hosman the answer is a bit dependent on what your future uses are.

Mid term rentals are okay - depends on the property and location if it’s really worth it over LTR.   

Its great you have the construction experience to back you up but good luck on depending on this to consistently provide.

There are different solutions but it depends on your situation. 

As far as fraud for the adjustments... that would all depend on whether the adjustments were correct or not.