Do they also assess credit and debt to income ratio like a conventional loan?

Many ways to make money in real estate and you probably just need to assess where your skills are at.

.- difficult for me to assess the accuracy of these claims.My dilemma is obvious and I am sure many of you have faced similar:1.

Going by assessed value (the tax value) is not necessarily a good indicator. 

If you're wanting to flip properties, I'd suggest getting in with a local real estate agent or appraiser and gain as much local knowledge as you can in order to assess your market area well.

It could end up being a very costly lesson if fines start being assessed.  

That's very comprehensive.  

Last year's tax assessment was $217,000.

The right of redemption is limited to (1) sales for unpaid ad valorem taxes, in which case a former owner of homestead or agricultural property has a two-year right of redemption (for commercial properties, the redemption period is 180 days); and (2) HOA foreclosure of an assessment lien, in which case a former owner may redeem no later than the 180th day after notice.The redemption right is the only right retained by the former owner, who is not allowed to occupy, possess, or receive rents from the property during the redemption period.

Is this a correct assessment?