The church building is old and is starting to fall apart, so the property is currently red tagged now.

I dont know where this is , but thats a red flag for me . 

Same thing with what I am building in Charleston SC another red hot market with extremely limited inventory and no SFR goes for rental purposes.. those with funds to buy are still buying . when i built in florida starter homes that was and is a disaster.. granted I did not lose money but it was No way worth the effort time and risk.. so its market dependent. 

Investigating Days on Market:When you see homes sitting on the market for 60+ days, it does raise a red flag, but it doesn’t necessarily mean rental demand is low.

That is the issue that first must be resolved, although I am not sure if you are going to be able to correct a bad location if that is the root issue but there are certainly tools at your disposal to protect against liens. 

"Be in the RED" not in the black.

Also 3 days of red leg Partridge driven hunts. 

If for example there were signs of root infiltration through a joint or something, I would consider taking an action, BUT that might not mean replacing the line. 

There is so many "red-flags" here I am not sure where to start..... - you state it's an "executive" townhouse.

Quote from @George Red: Interesting, maybe a "payment holiday" on next year's taxes for the amount people have paid over what they would have otherwise been required to pay  with the errant assessments.