For example, I can give you a deed to a property for $1 and NOT pay off the mortgage.

@Aaron Simril you can try to sell it and hope a buyer will overlook these issues.Check your state laws, because in Michigan, you'd be legally required to disclose what you know about any repair issues and would be liable forever.Appears you may also have the opportunity to sell and avoid capital gain taxes on up to $500k of gains from a sale.

Why should an investor pay attention to your data or trust your analysis? 

The last deal I closed up in Aiken Sc the attorney balked and would not pay the wholesaler.. this led my agent to do a work around and we got it done..

Zillow says it may go for $289k +/-My current tenants are using it for business and pay $2,250 a month.

@Michael ClarkI recommend finding an accountant who specializes in real estate taxation and tax planning.

If it was useable before (small ding) and is now destroyed, I'd take her up on her offer, but I'd also pay some of the costs as it wasn't new when she moved in. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The city can also still require operators to collect tax similar to a hotel.

Hello BiggerPockets Team, I'm Janasia Cuney, a new investor eager to delve into tax liens, tax deeds, and investing.