So my questions are: Is it possible to avoid the foreclosure action at the end of the three years period, by continuing paying the taxes?

Any tools you swear by or avoid?

It’s that the deal was built around financing that was never realistic for the asset.The investors who avoid this don’t wait for underwriting to surprise them.

My thoughts:- Eviction but self-represent to avoid lawyer fees? 

I was trying to avoid the double close since that's probably going to incur more fees plus the fact that I wouldn't have enough funds in the IRA to cover the first close. 

For a first multifamily, underwriting conservatively (in-place rents, realistic expenses) helps avoid surprises.MLS access is a big advantage, but I’d also talk with listing agents early and identify backups in case a deal falls through.

Even though the house is in your name, the money came from your parents’ HELOC, so it should be treated as a loan rather than a gift, ideally with a simple promissory note and reasonable interest to avoid IRS issues.

HELOCs add risk with variable rates—best avoided at your stage.Bottom line: keep the current home rented, buy a second income property, and maintain a 6–12 month expense reserve.

- Get most recent bank statement to cross-reference payroll deposits and avoid fraudulent paystubs & W-2s!

I don’t think this is so much about making the perfect choice as it is about avoiding a choice that boxes you in.