The world population is growing at an ever-increasing rate and supply is not keeping up.

Has anybody ever called up the IRS and tried to negotiate a tax lien lower than what it was originally placed as?

If it's just water/sewer , that's fine , most landlords pay water/sewer and even trash (And then include it in their rent).However , do not EVER pay your tenants water/gas.

What I am more concerned about is how courts would legally view my activities should I ever be sued.

Will, as a financial planner I am interested in knowing the answers to the above questions/scenarios so I can give correct advice to clients if this should ever come up.

Firsts are generally not effected by 2nds foreclosing, btw.You have tremendous power at the moment, having a lender with no expectation of getting paid, ever.

According to that ad, which of course may not be reliable, the house rents for 850 and is in move-in condition.850 - 365.54 - 149.42 = 335.04/month profit (minus whatever other expenses I may be missing here.)If you go back and change that mortgage to a 30yr, at 7%, your monthly payment drops to 254.48, so your profit rises to 446.10/month (again, minus whatever additional expenses I am missing).Not a ton of cash but not a ton of work either, and presumably the value of the property increases with time and you build up equity in it without ever paying the mortgage yourself.So why is this such a deal and why hasn't someone grabbed it already?

Hey, have you ever considered documenting some of your progress via video.

It's been empty ever since.

I am interested in it since land is so cheap but would I ever see a return on it within my lifetime?