In my market, the "burden of proof" is greater for that kind of thing, so build your case with a lengthy paper trail.Just know that there will be a fair amount of testing from the inherited tenants whenever there is a new owner.  

The post was a little lengthy but i took my time to read it and it was worth it!!

I've consulted two tax professionals to this point and one says that this is possible and the other says it's not since the IRS would say that the transaction was not at "arms length". I

A lengthy eviction will really hurt, as will any major repair.As it stands, you're going to be coming out of pocket for this building at some point.

Getting the lien released will be an issue and we told him that it may be a lengthy process and not as easy as he thinks.

I think we are overdue for a Kitsap BP meetup.

I didn't read many of the great and lengthy responses you got so it's my fault if I repeat anything. 

Some judicial states allow home owners who defaulted to contest and or pay the overdue balance up to a year after you’ve purchased the property at foreclosure auction.

The two were charged with fraud and given lengthy prison sentences.

As time wears on sponsors with great track records have lower equity costs of capital so investors have to make a choice to stick with this type of sponsor, try a newer one with a less-lengthy track record, or invest their money in other types of projects.