When I checked his physical address (that he provided), it was a vacant half-acre somewhere in the boonies in FL.

Not without the following details:1. tax residency, and location of the physical asset for nexus allocation calcs2. personal tax filling status3.

They do not however have the knowledge, credit score, or physical ability anymore to fix or get into real estate.

The landlord can only deduct for actual damages, which can be physical damage to the property or lost rent.

Suppose Sally exercises her right of first refusal at the 2025 auction to buy the 2024 lien, in the amount of $1,500. 

I guess it physically can, but what will it lead to?

And the market conditions are unwelcoming (physically distressed inventory, difficulties with Ogden City, and poor tenant pool). 

If you don't have appropriate funds to enter a physical asset-- meaning physical risks, humans to manage, etc., then it's best to wait until you do or invest in a REIT.You're just not fit...right now. 

We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).

You need to personally physically inspect— never take anyone’s word about anything.