The whole process in Toledo needs a total overhaul.  

. - I would like to know the process on how to make the actual purchase of a tax delinquent property.

My goal is 1) to help you build the case (and financial model) for shared homeownership using real-life examples and 2) to get feedback from folks outside my network on the process i've created.

Landlords must follow the proper legal eviction process, even if the tenant is no longer paying rent or utilities.Since your "friend" has already initiated the eviction process and is waiting for the sheriff to remove the tenant, it's important to let that process play out legally.

The claim process has been started, and I'm looking at the SBA disaster loan programs.

As a novice manager and ultimately new to the processes as a whole, any history of eviction that is recent enough to be on-record (last 7yrs) is scary enough based on precedence alone... 

Again if this is a wholesaler who is assigning the contract, that's a different story and very well could be a situation where financing is not plausible so I would begin there.In terms of the strategies you are contemplating I don't understand the process of purchasing with the $200,000 cash on hand and then refinancing 75% of the purchase price 6 months later?

Once those steps are done, the process becomes fairly straightforward.If you’d like, we can send you a copy of our Section 8 Guide for Landlords, which goes into more detail.

I have some things that I would like to get started with in this process of doing my research:- What are the good B+ areas around Southfield, Farmington?

One of the first steps to this whole process was getting an entity and a holding LLC set up for this business structure which is why I have that LLC.