This is a story from my past that provides a perfect example as to why investing in tax liens at auction is so dangerous for any but the most experienced and knowledgable investors20 years ago I purchased a SFR as a long term rental investment that sat on a double lot.  

I hope you enjoy these books recommendations!

If you are looking to purchase an STR in Hawaii, take a close look at the data.

Many of those locations I can purchase using leverage and achieve better returns.  

I've interviewed him twice on my podcast (once with @Chris Seveney and once on my current show), and I thoroughly enjoyed those conversationss. 

I personally learned I enjoy local investing in residential properties.

My goal is to retire within the next 10 years, and I’m looking to build a strong and sustainable portfolio that will enable me to enjoy my retirement years. 

Take the proceeds and invest in a highly trusted Syndication or fund and enjoy the passive income.

I found it very unlikely that the government would not want to get their piece of the pie, especially if they had purchased a new primary home.Donyou have a Tax Code or Publication Number you can share so I can study up and understand your thought process more in depth?

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!