I don't know you or your wife, but I would bet heavy on the chance she would enjoy EVERYTHING you do with RE after something like that happens!

Now of course you would want to model out the various scenarios and identify a price you can pay that makes sense, however non of those scenarios will have a chance to play out if, for example, you bought a note that has sold at a tax sale and redemption period ends before you claim and redeem the taxes.  

Once they meet and start talking, there's a really good chance someone will start making agreements behind my back and things go south.

I am sure when I have a chance to think I can really get into tools and other processes. 

Thank you Chance!

There is a chance that her capital gains tax exposure on a cash sale could be minimal or even zero.

Midwest markets are typically a lower price point with a greater chance of positive cashflow.

Like a single-family starter home, condos are an excellent first step into homeownership, giving buyers a chance to obtain a mortgage and become homeowners at a lower cost and with less responsibility than a single family home purchase.

I'm now much more willing to take chances and enjoy the moments instead of worrying so much...and let me tell you IT'S AMAZING! 

I think that has a better chance of working for you than waiting on a check from the government.