@Bobby Paquette really depends on the Class of the property, which is determined by tenant pool, location and condition.Class A: easy to manage remotelyClass B: more challengingClass C/D: should only be attempted by expertsIf you follow the STR lock strategy, you can install smartlocks and then program codes for each tenant's lease.

I've handed off my LTR to a separate PM and they want to be named on a general public insurance policy for the unit, but truth be told, I feel like I need a solid umbrella policy to cover the MTR and any claims against myself and husband as the owners of the property.

That's a $268,000 gain per property, or, a total equity gain of $536,000 (which is higher than the CA property's equity gain of $296,000).This is a theoretical example using gross approximations, but hopefully it displays the point that percent-growth is still more important than total value growth.And you're also right about it being a coincidence that certain states are blue and experience high appreciation.

With a Condo, couple things to note:1) Financing can be a challenge, but as long as the building is in good condition, you should be fine.

With current interest rates (at least in Canada and guessing the US is similar), you'd be further ahead investing that money elsewhere and continuing to let the tenant pay down the mortgage with their rent. 

Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.  

With homes staying on the market longer, be aware of interest rates, as they can influence buyer affordability.

Let me know if you need anything and what projects you may be working on and I may be able to help out.

Patience is a virtue that may be worth practicing.  

Correctly it should be called the STE calculator.