Just sent this over to a client, in place NOI yields a ~9% cap rate on this park, which of course feeds into making 75% LTV doable. All are at less than 1.5 points. Blacking out just enough so that the exact property ...

The redemption period can be extended at the option of the tax deed buyer, meaning that the tax deed buyer may initiate the process to terminate the right of redemption after one year, but is not required to do so.

However, converting these into desirable, owner-occupied homes could capture untapped market segments, particularly as economic conditions improve.Age Distribution and Market DemandDiverse Age Groups: The presence of young adults and an aging population suggests varied housing needs—from starter homes to downsizing options.

In a different market, there may be lots of demand for individual rooms and little demand for the whole home, making rent by room the better option.

Which option is going to better fit your goals?

Doing a renovation now and have the option to do x2 2bed 2 bat units or x3-x4 1 bed 1 bath units.

The house is in a pretty great neighborhood with excellent schools and options to commute to most parts of the bay area and I am confident that I will be able to rent it out soon. 

There are many other great neighborhoods in Columbus that would also be good investment options.

@Roger D Jones curious, do you charge for any of those options/services?

Our tenants have been in the house the past 3 years; they're good tenants and people, and we want to do right by them while also meeting our own needs at this time.My first option is to approach the tenants and see if any of them want to purchase the property; that would probably be the smoothest exit for us.