I never heard of tax lien getting reduced unless lien holder is municipalities itself and new owner will be making improvement to brighten the neighborhood.If property is located in New Jersey let me know I can help you find out who is the lien holder. 

You can have 1 VLB home loan, 1 VLB land loan and 1 VLB home improvement loan at the same time.

Look through the rules and regs and the existing lease to see what notice is needed to move the home out.  

You can also give notice that you will be improving the apartments which naturally means an increase in rent.

Your average buyer is not informed enough on the cost benefit tradeoffs of these technologies to be able to perform a thorough analysis of the improvement, and so they won't perform it, and therefore the demand simply does not exist.  

The point is the rules and efficiency will vary from one place to another. 

I feel that i prematurely bought this unit but the price fell below the 70% rule. 

The 70% rule isn't really meant to be used for rentals.  

Forced equity is equity built through improvements, rather than by simply paying down a mortgage. 

Even though the property would be occupied by your kids, since you are going to charge market rent going forward, your loss is not limited to income because of the vacation home rule as you were limited before.