Normally does not wipe out government liens like IRS, demolition, mowing, preservation, etc.Some place it also does not wipe out water/sewer/utility liens.IRS I believe has 120 days to act after the foreclosure, I can think the other ones sunset.

I think @Jeff S. nailed it.If you were determined to buy this I'd give some thought to a small office cluster for therapists/ practioners like counselors, massage therapists etc.

And getting kicked out of Australia is pretty hardcore I heard he’s no longer allowed back in Croatia after the incident at ClimaxX Nightclub God Bless America 🇺🇸The only country that allows me to stay and has accepted me as it's own haha12+ years here and still no misdemeanor.I'm not doing something right haha so you never got nailed in the Ferrari you bought ??? 

Me , I want to preserve my credit rating , ( and money ) if things go south , the best I can . ( Hasnt happened but I do prepare ) My suggestion , consider selling your primary where you live and move to Florida .

It’s all about timing, but if you nail it, the returns can be solid.

Have both financing and construction nailed down, even without deep diving into it. 

You've been lurking on BP for years, but just decided to nail a blurry photo and start posting to defend a product? 

Always ask for seller financing, to preserve your cash.  

While that is good for lenders, since the process can possibly be less than 30 days, while other states could take years. it's a hazard for 2nd lien position holders who could not be informed quickly enough to safeguard their principal before the senior creditor forecloses or don't have the capital available to pay off the 1st lien holder to preserve their loan position and avoid foreclosure. 

Our goal being to try and preserve some capital and potentially gain some equity / appreciation.