You’ll want to get really familiar with local zoning laws, short-term rental rules, and landlord-tenant laws as they vary by town if you plan on going the STR route.Focus on Cash Flow Early On: You might be tempted to go for something that appreciates quickly, but in the early stages, it’s important to find properties that bring in cash flow.

My client plan is to demolish and do new construction within 1 year.

@Martti Eckert how do you plan to find reputable contractors that won't take advantage of you when they find out you're OOS?

I plan to appeal this but I'd like to hear if this has happned to anyone else.

It’s also unclear if they plan to order another appraisal.

Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?

Explain your situation and see if there are payment plans or hardship programs available.The BiggerPockets forums have threads on tax liens and foreclosure prevention: https://www.biggerpockets.com/forums/41/topics/766025-surplus-funds-unpaid-taxes-in-foreclosure-saleAn experienced real estate attorney can advise you on your legal rights and explore potential solutions.Have you spoken with your local tax authority yet?

8) Is there a 3-D Tour or floor plan layout?

For example the property being historical or a critical part of a large development plan.

Sadly, the joint venture property deal has not gone exactly according to plan.