It'll be an enlightening and possibly mildly traumatizing experience as I learn if I'm willing to expend in the years following.Now I have no idea when I'll be able to get the ball rolling on this.

The Courts have come up with their top fifteen items that they look for in determining the status: Taxpayer's purpose for acquiring, holding and selling the propertyNumber, frequency and continuity of salesDuration of ownershipTime and effort expended by the taxpayer in promoting salesTaxpayer's use of brokersExtent of improvements and subdivision made to facilitate salesOrdinary business of the taxpayerExtent and value of the taxpayer's real estate holdingsExtent and nature of the transactions involvedAmount of income from sales as compared with the taxpayer's other sources of incomeTaxpayer's desire to liquidate landholdings unexpectedly obtainedTaxpayer's overall reluctance to sell the propertyAmount of advertisingUse of a business office for salesTaxpayer's control over any sales representativesOf these, the most important issue appears to be the number, frequency, and continuity of sales.

A tax deed sale is held when the tax lien certificate is not paid and the holder files with the clerk of courts to force a sale to recover their funds expended plus accrued interest.

The time, money and energy you will expend in settling the score is not worth it. 

Hoping you keep expending and increase cash flow in the future.

Because they work a job/career that doesn't pay well and they don't have expendable income to invest.How do you solve that problem and not be stuck in their shoes?  

Its a mistake to compare with bigger or more luxurious houses to get your comps. or to try to over expend in things your market will not absorb Try to think like the bank will do when analyzing the loan of your future buyers, if your house is above the recent sales they will not approve it easily, the smother the loan process goes for your future buyer the faster you will close and get paid best regardsNereo Mendoza   

Originally posted by Levi T. typical ugly house...a gold mine for the contrarian that sees rehab potential.thanks for sharingit was also great to learn in other posts about hours expended on rehab versus profits made and rehabs on the high end properties

I'm considering just moving my expensive furniture to a storage unit and getting some more expendable things so that I can proceed with my STR. 

After a while people start coming over and ask for a good advise...that's how I got more and more leads.I hope to find another way to expend here with BP.Franchise sounds like.