The need for a sharp upward climb to 7% basically made the low inventory problem even worse when homeowners who are locked in at low 30 year rates decided to sit on the sidelines.

I hate in when I rent secluded cabin in the wilderness in the middle of nowhere and the owls, frogs and foxes won't be quiet.

There is no set time for the county to foreclose on the property via a tax sale, according to this article purchasers of the tax lien certificate have to wait 5 years, as the owner has a redemption period after the tax sale, so you could be waiting a while, and if I'm not mistaken, you have to pay the taxes each year until the 5 year period is over, then you have to file for a deed or file a lawsuit to quiet title.https://smartasset.com/mortgage/how-to-buy-tax-liens-in-cali...Hope this helps,Dustin

She said many of the homes in her area sit empty, waiting for tourists to rent them out, instead of being made available to those in need of housing locally."

I'm currently sitting on about 20 properties in the Philadelphia area and I'd like to find new ways of getting my deals in front of buyers. 

*Background: We want to purchase my husband's grandparents' house in MO that sits on family land.

The population is increasing in Columbus and a lot of people are sitting on the sidelines renting before buying, so there is demand. 

I have been BRRRR-ing for over a decade in Milwaukee and it's not like deals were always easy to find, but once a house has been sitting on the market for 6 months, sellers get more motivated to discuss a less than ideal priced offer.

However, rates have already fallen recently to a 15-week low.A 30-year fixed rate mortgage is sitting around 6.56% interest:All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

It's tough to recommend without sitting down and talking to you to determine what your goals are.What I would suggest is just buying an occupied or vacant house that doesn't need reno or minor reno, then either have a realtor rent it out for you and you take over day to day management, or you can put PM in place.