The biggest challenge that I faced with this deal was timing due to the pandemic.

Currently, we are interested in a quad as the biggest.

The 4 biggest banks use it.

Here's some "light" reading if you want to learn more about this subject directly from the source (IRS):IRS: Federal Tax Liens - RedemptionsIRS: Legal Reference Guide for Revenue Officers - Federal Tax LiensIRS: Guidelines for Processing Notice of Federal Tax Lien Documents

The biggest rehab projects were redoing the flooring (with sound barrier underlayment) on the whole house, upgrading the addition on the upstairs to match the quality of the rest of the house, hanging drywall & sound board on the ceiling of the basement and upgrading the basement kitchen/bathroom.

The issue is, I believe in Tullahoma, the cost to develop land (road, electrical, plumping, etc) will be more expensive than the total revenue from the lots.

If we're going to raise revenue from somewhere...All the best,Jon

Or advise them they could put it up for auction (they do that with unwanted real estate) and get some revenue into the government’s coffers.

Revenue $90,000 ($75,000 from nightly fees, $15,000 from cleaning fees)Operating cost: $40,000 (Including insurance, tax, utilities, supplies).

One of my biggest concerns is what will happen when mortgage forbearance expires and the eviction and foreclosure freeze is lifted.