You will need to deal with not only financial issues like inheritance taxes, IRS tax liens, etc but also potential legal issues such as interested parties not notified about the auction properly.

If you proceed without any adjustments, the following will be true: - 50% of your potential depreciation recapture will be recognized immediately and become taxable in the year of sale

I'm soon to be leasing the PA farmland to a solar company on a long-term lease (more yearly than my W2 job, and 3% escalator, compounding).With such an advantageous situation in PA, I want to be able to maximize my potential.

You have become an insurance company, only you didn't get a just premium.The potential of rent forfeiture is part of the business in reserving a vacation home, and everyone knows this going in.

Your insights and advice on the financial implications, potential hurdles, and lender considerations associated with this approach would be immensely valuable to me as I navigate this decision-making process.Thank you for sharing your expertise and contributing to this discussion.

I believe that these days nothing makes sense, and rather buy something that could potentially make some sense as long as you don't lose, what do you think?

@Alex Jacobs the more bedrooms the more potential income.DPA programs though, are usually limited to single unit homes.

I had a ton of traction from potential tenants this past week, a total of 6 showings all with promising folks.I have done simple pre-tour screenings to see if these people are worth my time and they are.

My mortgage broker is telling me this is an up and coming area that is low risk, high reward potential. 

It is a fine line, thats what i'm trying to figure out how to navigate without crossing that, but also not pushing the potential seller completely away if possible.