You must be on Treasurer´s webpage, click on "Pay Taxes Online", type in Street and House number or Parcel number.Then you will see back taxes and so on.

While he receives guaranteed payments until his investment amount is fulfilled.

Nothing is guaranteed!

Bernanke, in a speech in August 2012 said that when the Fed buys lots of super-safe assets like Treasury bonds or agency-guaranteed mortgage-backed securities, it pushes investors to buy bonds from corporations instead, thereby lowering businesses’ borrowing costs.

I suppose with those numbers, it's worth the risk and you're getting a lot of guaranteed rent.

You will need to qualify with the old house payment (PITI) as a debt, if you can get a lease before the new loan is closed you may get a break, about 75% of the lease amount, but that's no guarantee as you have no experience as a landlord, but the new lender can consider a lease.

We'd also have to personally guarantee the loan, which I could understand.

throw it on craigslist & ask 'em how long to paint it & rate per hour & then cap it by saying you'll pay the a flat rate (ie, $17/hr x 3 hours = $51 labor only by the job). make sure you include in your post you will be buying the material. here's the trick to figure out if they're a good painter or not (not guaranteed but nothing is when you're trying someone new) - "do you need tape?"

.$34k all-in with $950 gross income more than beats the 2% rule which will almost always guarantee positive cash flow.The beauty of this deal is that it will be free and clear very rapidly, so little cash flow today, huge cash flow down the short road.For me, I would rather properly leverage this keeping more cash in my pocket as cash flow nad more cash for other deals rather than trying to pay it off so quick.

You can refuse and they still may consider your offer (I've seen it happen), but there is no guarantee.