Everyone has to start somewhere but because it is an asset backed loan, I would do my best to present both the deal analytics and myself/my business with the best foot forward when I first introduce myself to the lender.Best of luck!

All it takes between now and then is to either hold the asset or if you sell do another 1031. 

I also thought it was an undesirable area, but after speaking with a prominent investor who owns there, he said that the property has been one of his best cash flowing, least troubled assets in his portfolio.

I won an auction in Pennsylvania on a home obtained at Sheriff sale by PHFA, and offered at auction by an auction company hired by PHFA.

Has anyone ever obtained a secured loan from a bank using a pool of Louisiana Tax Liens (Tax Sale Certificates) as collateral?

It gives a through process of how to analyze deals and not just example after example of 'invest in cash flowing assets'.

Getting a loan from a conventional lender for a buy and hold will be more difficult than obtaining a hard money loan for a flip.

Now how that's divvied up, I don't know - they may want to 'assign' a property per brother and come up with some for of equity/asset trust 'equalization' so we each get a third of all their assets but hold different percentages of any particular asset.

So Id be turning that stock into cash to invest in a safe regulated asset as soon as any vesting happened. 

Buyers are obtained from listings that they searched on line needing a realtor to show and represent.