There is a 1 year redemption period where the owner can pay their taxes. 

Did you buy this property site unseen?

In addition, you’ll have to pay the seller out of their equity as well.

VERY likely due materials used in the ADU & the much smaller footprint.The true value is going be that you could install the mini yourself and only pay to have the system charged.

There is a 1 year redemption period where the owner can pay their taxes.

That may not even have had bank accounts growing up paying things in cash and with money orders.

I would NOT be taking ANY pay for these, just doing them.

Now, you need to figure out how to find deals and pay for them.

As of 2024, the bonus depreciation is 60% (subject to change pending the passing of laws) which allows you to immediately depreciate 60% of the asset’s cost.1031 ExchangeA 1031 exchange is a tax-savings strategy that allows investors to postpone paying capital gains taxes upon the sale of an investment property by reinvesting the proceeds through the purchase of another property (i.e. a like-kind exchange).

The new owner has since failed to pay utility bills in one of the two building, causing it be condemned.