Some state's liens will even take precedence over federal tax liens.In a tax sale situation I would check at the county clerk's office (which in some areas is online) for any tax liens filed against the owner of the property.In a normal foreclosure situation (for a mortgage lien), the foreclosure will wipe out all inferior liens that are not for city assessments, county taxes, state taxes, or federal taxes.

Gas stoves are far inferior compared to induction stoves.

Here is what the deal looks likePurchase 120kRehab 30kAnticipated ARV at the time of purchase 200kAfter completing the rehab which was a real pain since I live in California and the property is in Michigan it was appraised for 150kI was frustrated and confused because other properties that were within 1 mile of my property were selling at a similar price point even though those properties are by far inferior.

In my opinion they are neither superior nor inferior to stocks and they have their own unique pros and cons.

They use pure price per square foot comps not accounting for inferior location, smaller lot size, obsolete layout, or non optimal room size/bedroom count. 

I bought a brick building built in the late 1800's and a lot of the design and construction was vastly inferior to what you would find today.

That is NOT "what ever works for you".There IS a bad way of doing things regardless of you THINKING "this is what works for me".And I get it, some people just don't think it is worth learning a new skill and they choose an inferior method consciously as for their own reasons it is their choice.

This is not about equality, it's a relationship of inferior to superior with the tenant on the inferior end of it.

The problem with this is 1) They are essentially bribing the owner to provide their inferior services.

The second appraisal required by the bank used inferior comps and forced me to drop the price by 13k.