In other words, the lenderwill only be able to recover the property itself.

This place fell off a cliff in 2019 and never recovered.

Georgia tax deeds are the result of state laws that require county Sheriffs to levy and auction real property at the request of a taxing authority to recover unpaid property taxes.In the state of Georgia, there is a multi-step process for county Tax Commissioners to collect delinquent property taxes.

GP would still recover from all of these, they can raise new fund, create new company or even create new hype (like Adam's Neuman wework dotcom).Ok....

Renovated entire home, later refinancing and recovering most of investment.

It obviously caps the return on investment for rental property, and when you cap the costs than can be recovered, you're going to get less of it - in this case, rental property. * It's mind-boggling that after what we've been through in the housing market since 2008, that California would consider a bill that sends the message, "We don't want to develop, rehabilitate, or improve our housing stock

Remember, the only cost to the REI is the cash that comes out of their pocket...the rest of the "total" cost, is paid by the tenant, so the cumulative CF must recover that cash outlay to be come profitable. 

A good BRRRR recovers your total investment upon refi. 2.

If the market tanks, just keep renting these cabins out until the market recovers.

I think overturning some of them will include getting some of the nearby lots to vote on it as there is a clause stating that that's allowed.The thing that scares me the most is regarding the stylistic stuff -- there's a clause stating -- "The homes shall be harmonious with and reflect the exterior design characteristics of these homes already erected on the property" and that combined with -- "it should be lawful for any peron or persons owning any real property situated in said tract, to prosecute an action or proceeding at law or in equity against a person or persons either to prevent him or them from violating these covenants or to recover damages for such violation"My RE lawyer friend said that its such a broad clause that it could potentially open you up to getting sued if a neighbor really wanted to depending on the stylistic choice of your home.