Newbie needs Advice on Buying a Tax Sale Property

[Morris Lucas]

I found a motivated seller who bought a property in Jonesboro, Ga from a tax sale a few years ago. He has passed the redemption period and completed the procedure to have the property in his name. He needs cash, and is willing to work a deal. After negotiating with the seller, and running comps, i can get it for a very good price as a buy and hold (pending inspection), and he is also willing to finance 75% of the sale price to me for 5 years. Only issue is in Ga it seems you have to wait about 4 years for the Title from a Tax sale to be "seasoned" in order to get Title Insurance. 

From what i understand from speaking with RE attorney, no title co will insure this at all for at least four years, which means I would not be able to flip it to an owner occupant, only another cash investor,(who also would only be able to rent) In essence, i would basically be FORCED to keep it as a rental.(not really bummed about that, but does minimize exit strategies) 

Should i pass on this one because of the title insurance time frame, or just look at it as long-term rental?

Thanks!