So there are some limitations to it creating enough value, but rest of leads didn't see any issue and I was able to get the unit filled through August at the time of writing.

Owner has a set time period to pay the back taxes that you paid back in full or they lose the property.

But since there is a limit to how much money the bank has access to....their rate will be higher...and usually with a prepayment penalty.

@Theresa HarrisThe bank is not the one who lost 100% of their investment / they took a 10% haircut where the limited partners took a 100% loss.The bank was not the one who mismanaged the asset, tried to increase prices that were not sustainable and were slow with evictions.The GP mismanaged the asset and could not pay the mortgage.

Honestly I haven’t had that much luck with my Lowe’s credit card which I’ve had for years even though I make a 6 figure income and have asked them to increase the limit several times they still have kept it unreasonably low (under $4,000) which doesn’t get me far owning 25 units now.

The good news is, if it's your primary residence and you've lived there for at least 2 of the last 5 years, you might be exempt from this tax up to a certain limit.

States where it is hard to foreclose can change risk profile on loans, but also limit competition. - It's worth noting that states, both red and blue, are starting to pass statewide laws that effectively rezone land across the state allowing ADUs, or allowing multifamily construction.

Also, It limits how quickly you can scale to the next house hack because it takes more money per investment. 

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You pay the whole bill and set a fixed rate for each unit and some months you will be over, some under - you end up eating the cost/reaping the benefit month to month.