I have in my collections several original titles and a S&L bank statements, Back then you go to the lender pay mortgage and it shows the balance and interest charged, You use the booklet to report your taxes. 

My lease has a fee for failure to give proper notice, i.e., a lease breaking fee. 

Am I looking at this properly? 

I want to begin an investment portfolio but I know this home wasn't bought properly to do so.

It’s like any other profession, it takes time to learn, network and understand the proper balance of managing the workload.

Living in NYC, I have found some houses converted to multi-units but was never legitimately done through the proper channels and the landlords were fined hefty fees.

I need someone to help me get that property properly set up in an LLC and to answer my tax/financing questions. 

In Massachusetts, they allow removal by almost anyone as long as they are properly bagged, tagged and disposed of properly. as far as painting is concerned, don't sand or scrape them.

Given the property is tax delinquent, and has been sitting for a few years at this point i feel would give the owner proper motivation to sell.

If you purchase for 205 minus the 5K down and then pricnciple paydown of 21K then the balance would be 179K.