If you are exploring working with someone that you only know through an Internet forum, it's a common practice to start with some desktop research and see what pops up in a Google search.

In theory (if not practice), if the foreclosure already occurred, any liens behind the foreclosing entity were wiped out.

Looking for laws and best practices around it but I am seeing conflicting things.

This is my primary practice area.

Great study guides and practice test.

Sounds like a standard practice, but why???

I sometimes get to specific as I was inquiring about a specific neighborhood San Souci, not Greenville (though they are practically one in the same) But you are right on the money I should have cast a larger net.

I am a 50 year experienced accountant from corporate world and private practice both.  

Be sure to follow the best practices for deducting damages only and not normal wear and tear or items that would be replaced anyway because they are end of life. 

It took us quite few weeks to go through all these procedures to reverse original assumption.As for living/renting - not the case also, it's illegal to live in the property until you obtain clear POS and rental certificate from the city.These POS inspections slowly getting admitted to be illegal practice (Bedford Hts won the litigation and get all these fees back) but majority of cities in East suburbs are affected.Obviously, it doesn't apply to East Cleveland or inner city - you can still buy houses for $100 and sell for $1K ;)