(it is your property now)If they didn't redeem during their proper window they can't and they normally do not put up much of a fight in most circumstances.  

(We are going to have a contractor out to get a better idea on this, but all rooms have holes in walls, none have acceptable flooring, neither bathroom is functioning, the heating system is not functioning, there are broken out windows, though the intact ones are replacement.

It SAYS right on their site its a crime to tresspass or bother tenants in any way.Do YOU knock on the door, peer thru the windows anyway??? 

However, the strategy is meant to generate cash rather than purchase great stocks, so the focus is on selling the "put".I know, just show you the numbers already....turnkey numbers (scroll -> for narrow screens):table { }td { padding-top: 1px; padding-right: 1px; padding-left: 1px; color: black; font-size: 12pt; font-weight: 400; font-style: normal; text-decoration: none; font-family: Calibri,sans-serif; vertical-align: bottom; border: medium none; white-space: nowrap; }.xl63 { } price dwnpymnt cashdwn mortgage rate closingcost rent management pi piti capex vacancy cashflow modified cashflow coc projected seller financed paymentfor 12 months 90,850 17000 2925 68000 4.75 25413.33 1050 105   538.34 105 52.5 249.16 44.99 0.103636742 204.17 82700 16540 0 66160 4.75 22445.62 900 90 345.12 499.78 90 45 175.22 175.22 0.127124547   79700 15940 0 63760 4.75 20505.91 875 87.5 332.6 476.82 87.5 43.75 179.43 179.43 0.135079046   Some back story on the financing, The first property appraised for less than the agreed upon price.

@Timothy Hood Had a condo years ago, rented fine and had longterm tenant, would get hit with large bill for window replacements, etc. so beware.  

Also need but not urgent 2 windows and the driveway to be redone.My goal is to start flipping and buy/ hold starting next year.

It's better to sell to a developer and let them take the risk of lost rents and ready to go vertical with new improvements.That is nuts to put 400,000 down on such a property.  

Simple example: your 4 plex roof at purchase has ten years of useful life and replacement is estimated at 10K... try and set aside $1,000 per year on that (same for HVAC, driveway, windows, etc)..

It needs too much work (we are not sure yet how much the rehab will be, working on getting an estimate now. 1800 sq ft needs two baths, kitchen, floors, lots of walls, a few windows, heating system at least.)The bank is asking 99k, it just came on the market.

I'm guessing there aren't too many windows in the unit and attic spaces can get super hot.