After 3 years, it becomes a tax deed and you could potentially file a quiet title action to gain title. 

However, because you are planning on doing reno, you could potentially qualify for a refinance.

This will ensure the investment remains viable during tough times.As an investor, the decision to go for a smaller down payment and manage a negative cash flow hinges on my (your) ability to handle the financial strain and my (your) confidence in the property's appreciation and cash flow potential.

Other benefits: Located in a growing area, and have a full bar Liquor License and a bar that is currently not occupied (A lot of potential there to sell alcohol). 

Hello BP community,I am potentially going to be doing an eviction in Buckley, WA.

I have a potential lead on a property in LA.

-What are some other potential uses? 

On the other hand, acquiring more properties can lead to faster portfolio growth, diversification, and potential tax benefits.

I am concerned though about vacancies and potential issues with finding decent property management.

Your best bet would be to get with an agent who knows what areas are already zoned properly.