Account Closed,It looks like you have gotten a lot of different views and suggestions from everyone.

Are there additional taxes to pay? 

It is not cheap to purchase quality cleaning products  In addition, to properly clean, it takes time and alot of elbow greass.

After experiencing different types of inspections with all kinds of properties from custom builds to existing, it all depends on your end goal , I highly suggest you reach out to a team, really strong team such as @Jorge Vazquez.

The safety of our guests at BPCON is our first priority; we'll be bringing in additional security if necessary and honoring ticket refunds for anyone who doesn't feel safe traveling to Orlando.

if you can build at 50% of after value I'd hire you and I build the cheapest of anyone I know in our market and minimum rates. there's 3 builders that build at our rate. only place I can get us to 50% equity is in miami florida and that is new construction that is selling at $1000 per square foot and up and high density 300+ unit underwriting with incredible economies of scale. columbus has lower construction costs but lower exit. we focus on urban core. my best suggestion is look at urban not suburban for higher valuations. you can't control what new construction appraises at so do it in less risky areas. 

It’s not necessarily a foreclosure case.Including as a defendant in the lawsuit someone who would likely be a superior lien holder suggests to me there is more going on than a straightforward foreclosure.Or it could be something simple like an unreleased lien and the court is being asked to quiet title or otherwise weigh in on lien priority.Let us know how it shakes out. 

Competition is high and operation cost is high .My property is in California, so wanted to get ideas from owners who were in my shoes.Any suggestions appreciated.Thanks.

Any suggestions?

Savoy investors use them for additional fire power when buying deals.