I’ve heard great things about your meetups, although I never had the chance to make it out to one.

No surprise, this, along with job growth (HP is a large employer) forces prices to stay high as demand creeps up too.

This is a recent decision where a title insurer denied coverage to an insured owner who had been named in a suit to rescind the deed into the insured. 

This would be news to me.  

@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

You might consider turning the house into a rental for up to 3 years and then selling the property and buying a new rental.

IN Oregon. we have very few derelict houses or building very few.the one area north of downtown ( the old warehouse district) most all bigger cities have those areas.. the City put a 10 year tax abatement for repurposing the buildings to residential so buyers did not owe property tax for 10 years. 

There are lenders, mostly local in the Austin metro that are doing 100% financing for first time home buyers.

If you do go to sell it and it appreciated say 8%, that is going to be eaten up by your closing costs...Personally I do not see this as a deal.

Hi Shruti,That sounds like my type of REI investing, feel free to add me to your Network would love to talk shop some time or help in any way.