If the owners price is to high and the numbers wont work for an investment?

It probably wont show up as a utility lean yet, but in order to transfer ownership the water and sewer will have to be cleared. 

@Dylan A Thompson I wont tell you its impossible, but its highly unlikely.

Problem is that the original STR is not on our returns and wont be for some time.

When I spoke with my lender I asked a similar question and his response was we wont finance a deal that puts all your eggs in one basket he said ethically to loan someone money on a deal that has strong potential to hurt both partners doesn't make sense.

Making mistakes on someone else's property can destroy your family relationship and could open you up to some serious liability.

Thus they probably have some history of evictions or paying late rents.Source: https://www.biggerpockets.com/member-blogs/11099/76035-4-reason-landlords-wont-rent-through-section-8bestAlex

Maybe.. you will need a notarized permission from the owner to talk to the foreclosing company or bank.present your offer and see what they do.. its a little late.. when I dealt with this stuff I just cashed out the bankas in they will accept all cash.. but they wont postpone the sale you need to get your money there the day before the sale .. it also helps if its a listed property..

The fear is we spend a couple thousand for the LLC and we wont be able to qualify for a commercial loan.

If so, just be aware that the city is trying their hardest to essentially destroy the AirBnb business in our fair RVA.What is the price of this property?