The successful hosts will innovate & outcompete less effective hosts just like some LTR landlords outcompete others.

A wholesaler client of mine has been using Innovative Title company and they have been great for him.

By analyzing some creative ways to finance a deal, or some innovative ways to add value, you can turn a property, which on the surface of it may not look like a "deal," into an opportunity that can meet your target returns!

2-I have not done depreciation calculations yet-and since I bought in Nov 2020 want to make sure I do this for 2022.

Well, because the most magical things come from jumping out of the comfort zone and into the zone of ignition, innovation, and inspiration.

The titled owner has a certain amount of time to pay back taxes and penalties or the land becomes property of the investor.)You can buy raw land (in remote, cheap areas) and remarket it (to rich people who need a getaway and are accustomed to expensive land)You could start a title agency (title agencies are buried right now because of low interest rates) and I suspect the backlog will continue until the flood of deferred foreclosures starts.You could become an appraiser (much demand because of low interest rates)You could start a home inspection or commercial building inspection business and possibly leverage your engineering expertise.You could design a new type of home or innovate a construction process that uses cheaper/eco-friendly/durable materials or saves time -- or makes rich people feel better somehow -- and revolutionize RE with your new building technology.You could start a single-member LLC, open a Solo401k,  and roll retirement funds into it so you can use it to invest in RE.   

This last little area is "16 Tech Innovation District" a $500M development causing area changes quickly.

We had accepted offer in Nov 2019 and didn't close until the June 2020.

I don't know how much crossover interest there is between RE on BP and crypto but there's an enormous amount of innovation happening in cryptocurrency finance that could be a great match for RE investing. 

The condo was completely gutted and re-done in 2020 and went onto the market for sale in Nov’2020.