Allegedly because the units had been subdivided long ago without a permit, long before the owner bought them.

I guess I got caught up in the alleged cash flow.  

Nobody just gives away an alleged 9 or 10 cap...there's going to be some hair on that deal that you're not seeing.  

@Cameron Kloster i want to buy and rent out properties. sorry that i did not include that in the post

If they exceeded the days/date in the financing addendum (not the option period) then they would be in default, assuming they can't make a case for the property condition allegation.

Hello,My name is Damon Cameron Jr.

@Dustin Cameron Hi Dustin, my husband and I are in Big Spring.

Consumers have three years (rather than the normal one year TILA statute of limitations) to bring suits alleging violations of these rules and violations may always be raised by consumers as a defense in foreclosure proceedings.

@Ryan CameronIt is my understanding that the title insurance  companies will not provide title insurance on tax sale properties for 2 years post sale. 

Thanks for bringing it up @Meleneal Cameron