That wouldn't really be house hacking, since you can only have a family member living in it, not a general renter, and you also can't pass the unit on to a subsequent owner automatically - they have to apply to the town and be granted it for their family member, separately.

Subsequent posts seem to contradict that, so who knows.

Let's ignore for the moment subsequent year's taxes after the auction, for purposes of this example.If I buy at auction for $1,200 and someone redeems 1.5 years later, they owe the $1,200, plus $216 of interest.If the auction was for $1,200 and nobody bought the property, it will go on the State inventory.

We subsequently refinanced the property and have since rented them on AirBnB and VRBO.

Anyway - I would be purchasing the home as my primary residence, remodeling it considerably to fit my wife's desires, an then subsequently renting my existing home.  

The amount you cash flow immediately will not be much to brag about, but the longer you hold it the larger your gross and subsequently net margins will get (on average).

First couple of properties never turn out the way you expect, so just accept that it will be a little harder and stressful, but each subsequent property will get easier.

Hi Michael, I started with single family homes and subsequently moved over to a multifamily value-add strategy given the economies of scale, Cashflow and the ability to create equity   

My going in strategy was to BRRRR the property for the equity play and subsequent cash flow.

When you file the suit, you can file a court lien against the property notifying subsequent purchasers that it is currently bogged down in litigation.