Rehab portion of the loan was to repair some interior work worth up to $65k. unfortunately 1 month after closing, I had one of the tenants that was getting evicted complain to the city and I ended up getting a bunch of building violations. 

They have a large network of high net worth individuals and accredited investors who are interested in investing in multifamily real estate.

The house is worth $180,000 in it's present condition. 

If they can get it re-zoned mixed use or better yet, commercial, then it is worth $6 million.

I have a 9-Plex worth 850k with 300k of debt.

Typically a lot of those properties get bought before May or the owners figure out ways to pay the back taxes.A lot of the properties at the actual auction usually aren't very desirable pieces of land.

I was recently laid off from my job and have three issues: 1) No way to get a conventional mortgage 2) Need a place to live, and an advantage: sizeable savings on stock, bonds.I want to start investing in RE (ideally multifamilys), but for now I want to start small: buy a condo to live in, and [whenever I buy a multifamily I could move to] rent it.I would like to evaluate my high-level strategy, and get your comments:* [Soon] Get a "securities line of credit" worth around 15% of my savings.

The issue is typically when there are multiple leases and it looks like rent by the room.

I would assume roughly that's how much it's worth. 

These properties have been owned for many years so approx. 90% of the sales price is capital gains  - let's say four properties worth approx $1M each today.