And the partnership had been paying property taxes for 16 years prior to 2018.I own the lien in my own name.

The extra 2,500 will be due at closing this is a fee charged if I decide to give another extension to the seller.

It might not make a difference to you, but your tax pro and bookkeeper will hate it. 

Hi Bob,Make sure to have an investor friendly realtor so that you won't have issues afterwards.HOA are very tricky, as the boards change very often, they could be years that they don't do much and other years that they are suing residents if they are not maintaining the lawn.CC&R are the key to review in this case, those are public so available for you, and those are required to be provided by the seller every time.Don't go the route of do it anyways, that will have cause you consequences, I had a time that the HOA sued a property owner just for missing 6 months (the property owner was renting out the property and it didn't receive the invoice to pay the dues so she forgot).

Let's say Taxes are $200/month, and Insurance is $150, and you put $100 in a maintenance reserve.  

Moving forward we are exploring possibly combing households due to the large size of the property and the difficulty of upkeep but there are several questions/ issues that need to be addressed so it does not put either of us in a compromised position.When her husband died a friend paid off her mortgage due to it going into foreclosure ( 210k total).

There won’t be any taxes and your life will be easier. 

Hey BP Fam, I am a current wholesaler that came across a property with a $120,000 tax lien on it.

Sure if you need to use opm or buy for tax reasons or believe in appreciation, that´s another story, that´s why we always have to ask ourselves why buy that real estate. 

How does the local property tax indentity determine property type and value?