No prior owners can claim rights after a tax sale, all previous title rights are extinguished.

Check my prior posts, I'm totally biased to my area but if I were fresh out of college and landed a W2 job I'd get a mortgage and live in rehab in mills mill/Dunean/Greater Sullivan.

Granted this was prior to the house being finished. 

@Austin Fruechting  just curious were would you be if rents dropped 20 to 30% or if you had 20 to 30% cronic vacancy  like what happened prior to you buying your portfolio..do you accelerate your paydowns with the hope to get this stuff paid for.. or just keep max leverage and live on the cash flow so you don't have to have a day job.???

She posted payment prior to the 1st.

@Varinder KumarHere is the math as I see it, just wanted to make sure I could summarize what your post says:Purchase Price $406kDown Payment @5% =$21kOriginal Mortgage $385kRehab $105kAll-in purchase price + rehab =406k + 105k =$511kAll-in Cash= 21k + 105k = $126kCurrent value = $525k to $550kCurrent mortgage = $372kNot clear if you have lived in the property prior to renting it out.

I am not sure how high the monthly utility is going to be for the tenant since there are no prior payment records available.

I have gone to the town building department to see if there is any record of a tank installation, removal or decommission (none), and have reviewed NJDEP data to see if there has been prior remediation on the property (none).  

"First month's prorated rent of $___________ is due prior to move in.

I would recommend staying away from vinyl planks with adhesive tabs, they are notoriously problematic and fall apart easily when any direct sunlight hits them.