In addition, condos tend to not appreciate as fast in value compared to single-family or multi-family homes. 

A less then full investigation may result in one thinking that the house and or the house and tennis court lots were what was being sold.As I later found out, a newbie tax lien investor thought they were getting a great bargain by outbidding other misinformed investors and paying the back taxes, legal fees, and an additional $34,000 (overage) which the county forwarded to me.  

Let me know if I can provide any additional tips or resources to help.Best regards,Sadler Surratt 

With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.

With some additions, this would qualify for the OMG category, but I think they didn't have that category back then when it was on the market.

I would appreciate any insights and additional things I may be missing.

Ask whether or not the insurer is licensed as a foreign or non-United States (alien) insurer and for additional information about the insurer.