Jorge,Ensure the lease you have matches theirs. 

Are we seeing what happened to Berlin in Germany over the years with creative people moving into the area?

With the Medicaid aspect, we'll need to get an inspection/appraisal to get creative to drive the price down low enough, but I think it can be done.With a bit of remodeling and repairs, I think it would raise the value to around $140k as that is what the other houses in the neighborhood are selling for or more. 

It primes your mind to creative possibilities.

Sometimes this happens when the deed is recorded, but the transfer affidavit is the correct way to ensure it gets done (and you're technically required to do it within 45 days of the transfer).In my opinion, it could definitely be worthwhile to send direct mail to folks who are that far behind on their taxes.

Definitely try to get creative with the owner and maybe you can work out some terms which makes it more attractive for you.

This level of "creativity" is a huge red flag.

I know, people get bored and look for things to dream up to make some money, I really suggest you not, stick to conventional transactions, your creativity is dangerous for you and others.

@Josh Benitez to buy it from the bank, you'll need at least 20% down, plus closing costs, unless you can get creative, plus $15k for repairs.  

Natasha Radovich epitomizes integrity, energy, hard work, and creative service in every detail of the real estate business.