With the standard disclaimers about tax advice and how everything depends on your goals: If you have a high income, when you cashout refi you may also able to take the interest payments as a write off, which may make your effective interest rate lower than it would seem. 

I'm sure you can agree the property management style differs depending on the answer!

@James MeyerJim like everything in personal finance it depends can you tell us some more case details and what you are trying to accomplish? 

They said theoretically they could do hearings a year out depending on the backlog but I would think you'd at least get scheduled. 

Some investors might purchase in hopes of selling it to a builder later.As for your question on price, it absolutely depends on the area.  

The Lien process is State dependent. 

If they ask to attempt to collect on past due you aren't likely going to get far with the tenants and if they are still overseeing that they may lax on it depending on what they are doing with their 2 months.)  

We believe the market in 2024 will be flat to slightly higher, depending on the local market.

Cool opportunity you have their the most important dynamic to your deal is the NOIif you have a manager it does show a professional approach to managing the asset but that does not mean value will be more because of it.So to show more value you would need to add value to property tenants by improving the property in such a way that it increases the rental revenue to increase the value also depending on how you structure the deal upfront and the financing can play a key part in getting this deal the max value

Depends on location but not a bad area.