Sold, which may actually imply the lien certificate may soon be sold as you said:http://treasurer.cuyahogacounty.us/payments/real_p...I will need a legal counsel if at all, I will be moving forward with the deal.Thanks!!!

I Would consider that when backed by gold the dollar could be redeemed as a gold certificate.

Have you looked into models where you add lower IRR but safer portfolios of cash flow, tax lien certificates and 30-year private fixed notes with higher IRR development deals to mix with the HML?

I have experience with the Administrative Certificate of Compliance (ACC) process in Sonoma County with an existing unit on the property.

I say this because in Hawaii you cannot have a Short-term VR without a non-conforming use certificate, which hasn't been issued since the late 80's (bogus politics in part of the big hotel lobbyists).

2) I understand that I have to get a Certificate of Occupancy and apply for a landlord license.  

I will think about the tax certificate maybe later time , thanks again!

There will be legal fees involved in properly navigating the FIRPTA issues, but we will also help you through the process.Generally, they would have to apply for the ITIN before they are ready to consider the sale of their relinquished property (ideally), and then they would file for a Certificate of Exemption, which can take up to 90 days and now requires that a copy of the purchase and sale agreements or the relinquished property and the replacement property be attached.

You're in the right place for learning, and we're all willing to help.If you're thinking about setting up a short term rental here in San Diego, you'll need to obtain a transient occupancy registration certificate and pay the associated transient occupancy tax (due monthly).

@Rene BrodowskyIn May of this year, new federal FinCEN regulations went into affect requiring banks to get a certificate from each beneficial owner for new accounts for legal entities.