So, I simply do not want to be misled and then surprised when I can not get funding.  

Borrowers like this lose all credibility with me and I have no faith that they'd hold up their side of the bargain even if they came up with a good plan that was a win-win.

They simply didn't want the property anymore due to the extensive legal issues that came with it and their father's past.

--I am simply an inexperienced newbie (with one bad experience as an accidental landlord under my belt) looking for insight on deal analysis techniques from more experienced professionals.  

Being an NJ native and simply loving the state and the North Eastern parts proximity to NYC, I have started my search with a deal in northern NJ.

To me, it seems that you have decided you want to buy and hold it for appreciation and are simply looking for positive reinforcement.

As long as the tax lien Can be redeemed, the title company will simply pay it off (redeem) out of the sales proceeds, as is the bank’s obligation to do so. 

Show up with cash, bid, win, enjoy.

This doesn't mean that buying cheap is bad, but often times, people go after certain markets simply because prices are lower and don't question WHY it's cheaper.

Let's help each other grow and make it a win-win situation.