Its typically triggered by a third party, so until someone wants to complain, there is no ADA compliance police wandering around giving citations.

Quote from @Patrick Roberts: Echoing what Chris said - use a third party servicer.

I can say in Detroit the wholesaler your talking to has most likely found that deal from 2-3 other wholesalers, they literally have to payout 2 - 3 other parties to get the deal and this is what the fees are high and the deal makes no sense.

Best part is that unlike the old UPREIT that triggered a tax if the initial property is sold, today’s structure is immune.

The seller was not getting much traction from the other interested parties.

Another example is that with a tax auction it is common for all the interested parties to not be notified 100% correctly meaning they could in theory come back later and try to reverse the sale and take the property back!

HI @Ananth SubramanianI have not been in your shoes but have read others that have and from what it sounds like getting the judgement is the easy part and physically collecting the $$ from the tenants is the hardest most impossible part. I

If seller financing is the route you go, you might consider getting creative with the structure to make it work for both parties.

However, the parties yearly financial information exchange makes this a muddy area as far as whether she is entitled to this information.

Screening and Gaurantors are important, you might want to look at majors for some more serious ones that don't have time to party.