For subsequent deals, I would already be established.

Yeah Jerry here a tax lien holder has to pay all subsequent taxes and eventually foreclose if he/she wants to protect their position.

We had a young tenant caught working while on WC & he subsequently lost his comp check (but he kept working off the books).He was quickly evicted by our PM for arrears.

As Jon stated, once the foreclosure takes place, the property becomes an REO and an subsequent purchase would be for the home and not the note.

Even northwest or Enterprise can are contender for good tenants.

You are thinking about making an additional subsequent purchase of another building through the same multi member LLC, a different LLC/entity or personally?

If you see yourself as a one or two rental property owner (part time buy and hold landlord) or maybe expanding into it as a larger enterprise (like an apartment or maybe a half dozen single properties)....

That property as well as the subsequent properties I invested in have appreciated well and provided decent cashflow.

Enterprise value = market cap (equity) + net debt.

Subsequently, the PM should lock and unlock the house.