But I have worked with about a dozen friends over the last few years and converted about 2/3 of them to sales.

Are you saying if you buy a distressed property cash at a lower price, the tax will be assessed based on that purchase price and thus getting lower tax? 

Hi John, if the seller's title company is the most reputable in the area and you have an open line of communication with them, when the listing agent, seller's lawyer, and title company have told me there are no liens it's clear, and I can give the title company the liens exceptions list from auction.com "Most liens are removed after a foreclosure property sale, but certain liens may remain.Here are some examples:Any lien recorded on title prior in time to the foreclosing mortgage.First Mortgage (if the foreclosing mortgage is a second or third mortgage)HOA or COA assessment liens (in certain states)Mechanic’s Liens (in some states)Government liens such as state and federal tax liens, city or county liens, US Government liens.IRS liens (IRS may buy the property within 120 days after sale at the price paid at foreclosure sale)Code Enforcement Liens, Environmental Liens, and Utility LiensChild Support Liens"to make sure the title insurance would have coverage for these exceptions, the list from auctions.com, would it still very worrisome to use their title company?

I am no longer purchasing this property.Hi,I am looking at purchasing a 50+ multi unit in Texas, but do not have experience in that state regarding property taxes re-assessment upon sale.

I work with a lender who specializes in VA loans in SoCal and has helped dozens of our team's clients get VA loans (including myself).

@Forrest Holden prices vary here in Mn, larger companies charge more and you may get a great PM or a crappy one as they have dozens.

Over time, I would have mail for 6 or 8 current tenants, then mail for dozens of former tenants.

Depreciation recapture is assessed when the sale price of an asset exceeds the tax basis or adjusted cost basis.Bonus DepreciationOne of the major changes with the Tax Cuts and Jobs Act of 2017 was the bonus depreciation provision, where business can take 100% bonus depreciation on a qualified property purchased after September 27th, 2017.

Management involves some rough conversations, but after having had dozens of them I can tell you that your relationship with these folks won't be worse, and it might actually improve. 

Otherwise, you get a tax deed.There are about half a dozen traps and pitfalls where wrong choices can cost you a lot of money.