I am focusing on lease options and in the marketing process other kinds of possible deals pop up. I am of the mindset to master one niche before schooling myself on others.

This came to me this week and I am wonderin...

There also needs to be a clear cut method of decision making to follow otherwise stalemates can occur and delay the job.

Goal is to fact find for the next couple of months, build as many contacts as possible, and clearly define our investment goals/strategies.

As it seems clear you will be using financing your short time frame to move into an apartment building via 1031 exchange seems aggressive Trading in depreciated assets can be a challenging task, I am sure you can find much more information on 1031's within the site.

I've searched exhaustively but can't find clear answers.

Are bank-owned properties completely clear of any liens including irs?

@Ibrahim make title is not in person's name with the irs lien & you should be in the clear (dealing with only IRS lien).

You want to be part of the conversation, so demonstrate your own rationale for why the deal makes sense.Finally, providing a clear and professional presentation delivers the message that you're no amateur -- you know how deals work and you know what you're talking about.

Have clear rules so we know what you will fund and minimise the unnecessary paperwork.

So she could see clear about selling for less than she paid.