Yes it would be a great investment as that area is also expanding and is a well kept clean neighborhood, before the market crash the property sold for 165k, boy did they purchase at the right time! 

We are not an established company.

And provide a clean, safe, place.

I understand the appreciation part of it unless you have other source of income to support it ,what will happen if something wrong goes and the appreciation you will only receive when you sell the property and also no vacancy means ,you are going to rent it and forget it for ever and never rent it again which is not true ,you might have to do some renovations ,clean it after somebody leaves and the tenants do not always tell you that they are moving out.

@Steven Paul I'm sure there are some threads already established about tax deeds, not my area of expertise so I couldn't advise. 

AFFIDAVIT OF OCCUPANCYApplicant(s) hereby certify and acknowledge that, upon taking title to the real property described above, their occupancy status will be as follows:Primary Residence - Applicant(s)shall occupy, establish, and use the Property as Applicant(s) principal residence within 60 days after closing and shall continue to occupy the Property as Applicant(s) principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower’s control.

Sounds like you may want the deal more than they want to clean prior to sell.  

The future financials essentially establishes the goals for your business from which you can then make decision on how to accomplish those goals.  

We told him it was going to take a couple months to get his unit repaired (clean up, permitting, scheduling contractor, etc) and he should find another place. 

@Jeremy Tillotson you are a brave man and looks like our good friend @Brett Snodgrass put you onto some good bacon, once you get it cleaned up.