Btw, the bankruptcy is now over, as of about a month ago. 

From 2015-2019, we have been getting monthly revenue but the property management company we had filed for bankruptcy.  

I understand that the threat of bankruptcy may not be imminent anymore, but if the city does file for bankruptcy, does anybody have any idea how this would affect real estate taxes going forward?

Ps: I placed a tenant 4 years ago with a bankruptcy.

Also "recycling" people requires you to go through a foreclosure, which they could still file bankruptcy, you go a year without getting a payment and they trash the place. 

If this is owner occupied, there are more complications giving a homeowner a HML which we will not get into, but if that borrower turns around and files bankruptcy then they just bought themselves another six months.The loan itself is worth $375k-$425k - so there is no meat on the bone for you to make anything.

house is age 1930. initial renovations cost, i got from different contractors. i think it came to $14k but i just around up few grandsclosing cost break down is below: (it high bc I am including home insurance & taxes for the year within closing cost) Application Fee $250.00 Loan Level Price Adjustment $4,453.00 Underwriting Fee $350.00 Appraisal Fee $600.00 Credit Report Fee $27.00 Flood Certification $9.00 Lenders Attorney Fee $500.00 Tax Related Service Fee $99.00 Title - Administrative Fee $25.00 Title - Bankruptcy Search $20.00 Title - Endorsement Fee $150.00 Title - Lenders Coverage Premium $1,026.00 Title - Search Fee $375.00 Recording Fees and Other Taxes $375.00 Transfer Taxes $1,875.00 Homeowner's Insurance Premium (12 months) $1,200.00 Prepaid Interest ($15.63 per day for 15 days @ 3%) $234.00 Homeowner's Insurance $100.00 per month for 4 mo $400.00 Property Taxes $112.75 per month for 7 mo $789.00 School Taxes $338.08 per month for 11 mo

Market in Calcasieu Parish has been ferociously bought for the past five years due to a rush by investors to capitalize on the temporary worker boom brought about by the construction of new LNG facilities.Now that is done and only one new LNG plant being built in Cameron so we lost over 5,000 rental units of demand in less than six months of 2019.In next two years we will see numerous bankruptcy auctions by local Sheriff as over extended landlords are forced to liquidate.Many Sheriff auctions are going unbid right now as we discover the new floor or price per sqft for medium and low income housing.DISCLOSURE:  I am a tax deed investor and waiting out the market from that perspective.

I am going through a Chapter 13 Bankruptcy, in which me and my soon-to-be ex-spouse are in a 5-year repayment plan. 

I am in the middle of a chapter 7 bankruptcy so banks won't look at me.