The only cost the deal needs to absorb that's relevant is the interest, and even that is really just the delta between the actual interest paid and the tax savings on that interest on your federal return. 

If it's a tax foreclosure, to @Bruce Lynn point, the bank will normally pay the taxes before the sale. 

Seek advice from legal and tax professionals to establish the most suitable structure for your US investments.

Looking for a property in a good school district (B+) with lower property tax.

Its best if the architect and GC have a prior working relationship so it will make your life easier.I could do a whole session on this but hopefully this gives you and others who read this some ideas to start with.

Out of money and options, he licks his wounds and lets it go for back taxes. 

There may be tax advantages, cash flow, and other benefits.

@Ronald Benson Yes, you have to make sure it is the first mtg foreclosing….not a second mtg or hoa, and check for back taxes, etc.

Separate LLCs with their own bank accounts tend to keep things cleaner come tax time. 

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?