Just like the asking price, just because the owner suggests one interest rate or term doesn't mean you can't offer something different. 

I probably wouldnt trust it 100% with that though unless I input all of the data that I have from my analysis in terms of ARV, rental rates, rehab rates, etc. now that I type it out, that actually would be a good idea aha. 

Congrats on starting your short term rental journey! 

Purchase price: $80,000 Cash invested: $145,000 Turning a 3/2 into a 4/2 duplex for short term rentals.

Does anyone have any info they can share about investing in properties that have had unpaid taxes for a long time but aren't on the sheriff's auction or resale list?

It's a gradual, steady increase over a long period of time.

We are NorCal and are not yet in flipping but looking into long term rentals currently.

Long-Term takes the least amount of time, Short-Term the most.Unless you have the time & discipline for this, SELL.4) If you sell, would it make sense for you to re-invest in other rental properties?

Our current focus is for a family lakehouse / lifestyle play here in TN but would like to work my way into commercial properties, short-term rental facilities, business acquisitions to name a few.

I torn that thing to shreds a long time back: https://www.biggerpockets.com/blog/2015-05-06-2rule-die-horr...The 1% rule used to mostly work as a "pre-filter rule of thumb" as you say.