Home goes for state tax sale obtains excess funds to pay past due taxes and liens then servicer sits on it and never gets their $$$. 

The fed is going to keep a tight position as long as they can...until stuff breaks so they can vacuum up the massive amount of excess stimulus and decrease the size of their balance sheet. 

Estimate is excess 1.5K for claiming half the walls and ceiling in the home need to be repainted, every door in the house needs to be cleaned, and other random items.

One option you can look into so you leave yourself some excess capital is to finance the property for the time being so you have some wiggle room in your budget in the near term.

Agreed @Laura Richards, it seems a bit excessive in cost and unnecessarily complicated, and I personally would not recommend for a beginner. 

Hi Edward,It really depends on your risk appetite.

My goal when planning for the next tax year is to get Line 22 as close to (or over, but not excessively) the maximum ($89,250 in my case) as possible.

Insurers are pulling out of Florida left and right leading to excessive insurance costs.

That costs an owner more if we send a handyman and bill for their time, but a licensed electrician is needed to fix the problem and the owner gets billed for both.Three hours to diagnose a leaking faucet sprayer seems slightly excessive.

I thought it would depend on bank appetite but I've heard back that vacancy isn't an issue so long as the property is self sustaining as is.I think there's a fine line between filling an open spot and resurrecting a dying center though.