There is a six-month redemption period in Michigan and there isn't much you can do until that time frame is up.  

My criteria for doing a value add is that it adds at least 2 times the value add costs with minimum increase value of $80k.  

I plan to move to Europe in three years to begin my professional journey in this field.To make the most of my time and ensure a solid foundation, I seek your expert advice on creating a comprehensive 3-year roadmap to prepare myself for a successful career in real estate.

Despite Austin's population only growing by 1% from 2018 to 2022, it had the biggest GDP evolution at 46% during that time and tied with Fort Worth for an 11% rise in housing, the report says.

During tax time, I deducted as much as I could.  

So you can find out what they were paying for rent previously, if it was paid on time and go from there.  

As I'm sure there will be folks in NJ and in the MTR space in general reading this thread, I think it's a good time to showcase the amazing people here.

@Rami Latif - they might extend it if you need more time to come up with the cash

I'm curious with already-in-place commercial tenants, besides checking that they are paying on time, is there any other due diligence you do on the tenants before purchase?

Being a first-time investor, you'll likely be closer to 75% or 80% of the purchase price on your first one.