If you paid under $230k, you’d save $30k in federal capital gains taxes and maybe another $15k or more in state income taxes.

Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.  

Real estate investment can be incredibly rewarding, between the cashflow, appreciation, and tax benefits, it truly is the greatest wealth creation tool. 

Your requirements to defer all tax are to purchase at least as much as your net sale. 

Not to mention the tax benefits it allows. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

They are mocking these up with interest only loans and factoring back in the tax deduction as if you qualified for the tax benefits of a real estate professional and factoring in the diminished first year property tax (since its not a full year).

I’d fix it up and list it to sell after I’d been there two years to take the gain tax free.

The biggest differences between residential and commercial:  Scalability, financing are very different, property taxes may be different, Insurance is definitely different. 

Is it better to get an LLC when I become a land lord to get some tax benefits?