Ive ran into a brick wall, and even though I’ve tried to find a solution I really don’t want to miss out on this deal since its a great opportunity.

Lmk if I’m missing anything.

Is there anything I'm missing here?

I understand I will not be able to leverage some of the tax benefits available to traditional landlords while I am renting to her and want to understand 1) what I am missing out on and 2) any legal, creative ways to access the rental tax advantages.Thanks for your thoughts!

I think one BIG factor I missed is INTEREST.

I think it has great potential there are 7 units and it's priced about 50k per unit.The units are each 2 bed 1 bath and is netting an estimate of 450 per unit per month.I went on BluePockets rent estimator tool, and the comps for the area is $865 a month. if I can net $600 which is no where close to the $865 that BluePockets estimates, then the property would generate 50k a year.Am I missing something and the property is fully leased so it has to be in pretty decent shape.

Along with invoices for missing labor credit from Oct.Tenant left and house is vacant FEB 1st.  

What else am I missing? 

Without that proof of funds, there was never really a tender.Bottom line, if the taxpayer misses the deadline and later argues you should have given them longer to redeem, you should fight back by saying they never made a legal tender and your grace period was only a courtesy. 

Without that proof of funds, there was never really a tender.Bottom line, if the taxpayer misses the deadline and later argues you should have given them longer to redeem, you should fight back by saying they never made a legal tender and your grace period was only a courtesy.