Assuming the Federal Tax Lien was subordinate to the mortgage being foreclosed and assuming the IRS was properly notified of the foreclosure and did not raise a successful defense to the foreclosure, the IRS has a 120 day right of redemption during which it can purchase the property. 

Meaning if you raise the rents due to an improved property or provide a business plan showing such improvements, a bank would be more inclined to provide a loan.

I don't have a reason for it, but companies are pulling out of the market, raising rates or limiting their exposure to it. 

Is there an opportunity to raise the rent?

@Jonathan New what’s your process for raising capital?

They would raise your rates for the foreseeable future, not just one year.

OK any of you that is free and clear no mortgage, step out of the group... 100 people step out.Out of those 100 people you ask them any of you that have no kids, step out.20 step out.Now any of you that want to sell your house to me for cash for pennies on the dollar..How many people do you honestly think will raise their hand?

I will definitely be raising the rent but is it worth it to work with them and maybe take slightly less than the market rate since they have been long term tenants?

Individuals, families, businesses, and investors are looking to raise cash now.

I tried to raise capital for those..