But, most  municipalities will settle these for 5-10% from someone who comes in and fixes the underlying issue.Some research and leg work may lead to this being a non issue (insurance company pays the claim/contractor) or maybe not…but worth putting some work into it.

You can be profitable by barely covering your costs, by making loads of money or anything in between.

The way I saw real estate at the time was, saving money, buying a multi family, live there with tenant who help pay for my house.

Greetings BP folks,My wife and I are negotiating a deal in our area for a home that has a tax lien from the city and county.We have been working with the seller for quite some time and were offered the opportunity to purchase the home at a great price, we also have agreed to pay off the tax lien in addition to the purchase price. 

The larger brokerages are all paying $20-$80m settlements and small brokerages have no protection if this ever comes for them.

My sister is selling her house to me; however, we want to do a mortgage transfer since she currently has a 2.5% interest rate, but the bank will only pay what is owed on the current mortgage.

As to paying off mortgages,  most rarely pay as agreed over 30 years.

That would be a little higher than I would care to pay. 

One San Leandro landlord is owed $132,000 in back rent and in Oakland you can't discriminate against rental applicants with a criminal back ground (except sex offenders) and several stories of non-paying tenants which took thousands in legal fees to evict in Oakland. 

Should I just contact my attorney if she does not pay rent on the 1st?