Speak to a RE attorney local to the property, as state laws differ, and there can be subtle differences in circumstances that cause drastically different outcomes.

Think of it like Monopoly, get a property, build houses on it, then trade them in for a hotel.Two options are keep and cash out refi to buy more orSell, and 1031 into a larger property with as good or better cash flow and perhaps more stable or greater advantages for upside.

Again, quit speculating, and READ THE CLERK'S FILE WHERE THE NOTICES WERE SENT, AND SIGNED RETURN RECEIPTS are on file, or just wait for the outcome.

he got hit hard, there's no way he made a profit"..... but then to see that you went through all you did and held on for 7 months and still came out with a paid education is wonderful and encouraging for the rest of us newbies.Really appreciate you taking the time to keep us apprised of your progress and so quickly about your outcome...

Don't try to be a jack of all trades.

If you need financing then private lender / equity partner is the best possible outcome which would mean they'd have a lien on the property.Kudos,Mary

We have our permit in for review and are prepared for either outcome. 1.

I borrowed $1500 from my first broker to put down on my initial condo purchase. 23 years later, I wouldn't trade the tough times because hard work does still payoff in real estate.

Are the trades , electrical , mechanical and plumbing hired by him?

I'm not a contractor by trade, so I don't deal with these issues on a daily basis.