My question is, could the city be responsible for this situation?

Great question.

Quote from @Kainoa Oneha: Hi everyone,I just had a question for anyone that might have the answer:- Is there, or will there ever be a BiggerPockets mobile app for iOS?

Additionally, they have another property which has appreciated in value, carries low interest rates, but has negative cashflow and essentially feels like it just locks money away.

I was able to get more information on the property then if I didn’t know the seller and I’m still able to contact the seller if I have questions.

I would appreciate any comments on any of these questions:1.

I realize it's just an example and my comment is a generalization but just something to be aware of.With regards to the original question, I think it comes down more to what you want to do and what the offer is for walking away vs. rebuilding.That is the exact example a public insurance adjuster used when speaking to a local investor group a few years ago.

It also depends upon the CCRs themselves — they can control as to priority — and the date of the assessments in question versus the date of the lien being foreclosed.Way too many variables for an accurate answer across multiple jurisdictions.

If you have specific questions about property management, I'll be happy to help!

🚨***quotes copied directly from SEC.gov ****Questions for the Community:1️⃣ Have you seen capital raisers violate these rules?