I’m going to take a step back and admit that the government should not regulate this.

It was seized by the US government (drug bust) and I have no access to prior leases etc.

Considering depreciation, and expenses, it may be a lower percentage than W2 income, but still a significant portion of the profit will go to state and federal taxes. 

I paid about $25k in Federal income taxes alone on the money. 

I bet there are government loans out there for this.So what if you bought an entire block of apartment buildings, filled with section 8.

Any additions, improvements, or alterations made by Tenant must be completed in compliance with all local, state, and federal laws.

To add to Jim, if this is constable auction, all liens should by cleared except federal liens.

.…… I kind of understand that… So my question for this form isDoes anybody know a 30 year mortgage out there that is not FHA or anything to do with the government, that allows me to buy live in as my primary residence fix up and leave and sell before one year?

The ten limit is a federal (Fannie/Freddie) limit.

I got tired of working for the government after making too little for too much effort.