I would invest in the West, as it has worked for the last 170 years, but not in liberal states that are tax hells. 

The sale happened last year.

Nate @Nate Marroquin   You can use the income from your tax returns on the current rental adding back your paper loss (depreciation) and add back the mortgage interest, property taxes, home owners insurance deductions on your tax returns. 

No action by the judge.An investor called me last week to tell me he had approached the foreclosed upon owner and purchased the right of redemption.  

Especially these last few years with interest rates being so low for so long, every decent asset class has seen cap rate compression for several years.

If you’re buying your first home (or haven’t owned one in the last two years), you can withdraw up to $10,000 from your IRA penalty-free for a down payment.

For example "No evictions within the last 5 years" or 10 or just no evictions period. 2.

The last deal I did like this, I bought a $145K home with about $10,000 out of pocket for repairs & closing costs

Last month we saw median rent at $1,500 a month and it fell back to $1,350 a month this month.

So all in all - it was a relatively easy learning lesson and not much loss on my end.