legally, as a cost basis of the house, it should have been included in the closing documents because it impacts things like taxes collected by the state, etc.  

Or alderman allowing case by case currently city wide but the regulations would make it a right of property owners without alderman approval needed? 

I came across a deal and the owner wants to sell by owner only.

What do you mean by "you don't want to engage in interest"?

I am a newbie investor who is looking at the delinquent tax deed inventory held by various states.

It will allow me to purchase a larger deal by having access to heloc and pay it down within a year 3k per month from combined cashflows from other rentals. 

Increasing rents substantially by rehabbing. 

Developing a track record of successful investments and leveraging your track record by syndications or creating an investment fund4.

My travel is measured by cost per mile used to travel to and from the property.

I have a very specific tax question regarding the UBIT (Unrelated Business Income Tax) exemption in Solo 401(k)s that is normally triggered by UDFI  (Unrelated Debt-Financed Income) in IRAs.