Helping you is not even worth it for these people to take time and try to help you.

I'm just not sure yet if a 10-12K after taxes, closing costs and reinstating the payment is worth the risk. 

You'll have to sift through plenty that don't have equity, but it isn't worth the time to try to figure out which those are ahead of time.

Seen anything worth buying lately..?

Yes I have to pay for 2 closing costs but it is worth it.

Zip LetterBetween that, and a unique list I should get a good amount of leads. ill just figure out how to go through these 17k unpaid taxes and figure out which ones are worth mailing to, any suggestions there?

The house may be a total mess inside who knows if it is even worth it but it was an interesting scenario.

Not saying it still isn't worth it, but get the 365 day numbers from your friend to do a proper analysis.

Maybe worth a few $ less if sold occupied by tenant, but compare that to tax on capital gains, and cost of rehab/vacancy.  

A former adviser to the Bass family of Fort Worth, Texas, Barrack founded Colony in 1991 and began investing in property in the wake of the savings-and-loan crisis.