I’m aware that money is likely going to be spent but, assuming it doesn’t, then can you still make tax free cash flow simply off of the recurring deductions like interest, management, hoa, utilities, taxes, insurance and depreciation? 

It can be HOA liens, tax liens, utility liens, etc.The thing that most people don't know about courthouse steps buys is that the same buyers are always there and they all know each other.

2) Property Preservation: as the owner you have the right to protect your property - even during an eviction. 3) Monitoring Utilities: you should have been receiving the water bills.

Thanks so much for your help in advance Short answer is yes there are no income products and or stated income products you could utilize till you eventually start filing an acceptable form of income to qualify back for full documentation loans again (eventually).

Short term rental depreciation can be accelerated via a cost segregation and utilized to offset your taxes from your w2.

Furthermore, you can increase traffic to your website by utilizing social media or any other form of online advertising by using these leads.Public RecordsFinally, you can find cash buyers through your local public record’s office.

Additionally, by incorporating flexibility into its use—potentially housing commercial tenants during repairs at another property—I enhanced the strategic utility of the investment within my broader portfolio.

The costs sound a little low to me if you are talking turn key including permits, site work, utilities, plans, surveys etc.

My total credit utilization would remain < 30% after taking the cash 3.  

@Brody VeilleuxTo maximize returns on multifamily housing, focus on mid-grade updates, amenities, curb appeal, utilities, exploring additional units, creating flexible spaces, and refinancing with a value-add record.