Vacant for 15 years, been for sale for years, MLS How did you finance this deal?

If I 1031 I get to further delay the taxes even upon sale. 

In the meantime, we have set our sights on a different geographic location (also in the same state) for our retirement, and trying to figure out the best strategy to afford to ultimately purchase a property there.

I had previously focused on investment sales and have not dealt with leasing much.

With the new Fannie Mae 5% down payment conventional option on multi-family properties, I figured it might be possible to follow through with this strategy.

You get a trustee's deed from the foreclosure sale then you pay the senior lien off.

I've had clients come to me to figure our why they aren't netting what they thought they should be only to learn that revenue level was never going to happen for that particular house.

I was driving around and saw a for sale sign of a property across the street from COTA.

The Point of Sales and govt. in CLE can be tough to navigate.

I agree with you - If you want to cash flow positive with a decent cash on cash return, you'd need to find a desperate seller, which I'm currently trying to figure out how to find so I can buy my first property!!!