When I say I've "successfully added" the clause, I mean I've had a tenant-friendly judge issue a judgement against the tenant, noting in the judgement that the tenant owes the interest too.

You should inform the title company that you'll be assigning the deal to an end buyer, so they postpone the municipal/lien search but proceed with the title search to ensure there are no issues with the title.

I'm not saying that your plan can't work, I'm just pointing out that these types of extremely cheap properties usually come with TONS of unique management and sales challenges that don't occur with more run-of-the-mill properties, so you'll want to study up on those issues and have a game plan before proceeding...regardless of what you decide to do, it may be a good idea to consider how you could leverage this deal as a springboard to get you to other, higher-grade properties......the good news is that you're only $5k into this thing, so you're not in too deep...yet...Good luck out there!

I suppose the issue is when you liquidate, depending on what order you sell may imbalance your numbers. 

Older homes can be a goldmine for this strategy, but make sure to do a thorough inspection for any hidden issues. 

The property was built in 2018 and the other unit with power had no major issues and all HVAC’s, water heaters, electrical, etc all work fine.

This becomes more of an issue if you are in a different zoning district. 

If you can afford investrolift, that will solve dipo issues if it's a good deal. 

Wondering if other people have this issue?

We ran over schedule, went over budget , I paid additional carrying costs every month, and learned about significant issues later than I should have.