The townships take the properties for the taxes and you will need to contact the township treasury for the delinquent taxes to see what properties are available. 

I'd buy a 1 or 2 year Treasury bill at 5%+.That's $15k/Year or $1250+/mo in interest, state income tax free.When you find a deal that has both cash flow and upside on appreciation you'll have more capital.

Those who bought at a 5 cap aren't going to be able to sell at a 5 cap if investors can get treasury bonds at 5% or CD/savings returns at 5%. 

Hey mate,Congratulations on your super high income.I'm biased so take what I say with a grain of salt lolBuy 3,4,5 turnkey SFH and get your feet wet with real estate investing.From there you can either purchase more and scale your portfolio further or start looking at a different asset class like multifamily, etc...Something in this order:1) SFH2) Multifamily3) Commercial4) Hotel5) CasinoIt's nice to dream and think big but that's my opinion how to start small and progress to different/bigger asset classes if you have such a desire.Or, you can keep busting your A$$ for the next 4-5 years and save every penny.Park the savings in 30 treasury bonds and go to sleep in the Bahamas 😁Just my opinion and wishing you all the best with your endeavors 

That uncertainty around whether the US can avoid a shutdown in a month and a half (when the current short-term deal that got McCarthy fired expires) decreases confidence in US Treasuries and whether debt will be continually serviced. 

So if the yield on the 3 month us treasury was 1.5%, and the year was 1.6%, and the 2 year was  1.65%, and the 5 year was 1.75%, and the 10year was 1.85%, and the 30 year was 2.0%, then the yield curve would NOT be inverted.IF however the yield curve looked like: 3 month us treasury was 1.5%, and the year was 1.6%, and the 2 year was 2.5%, and the 5 year was 1.75%, and the 10year was 1.85%, and the 30 year was 2.0%, then the yield curve would would be inverted.Because the rate of return you are getting on the 2 year is 2.5%, and the rate of the return on the 10 year is 1.85%. 

Improvements or repairs renters make is absolutely taxable under Treasury Regulation §1.61-8(c) and gives the OP basis in those improvements. 

I want to buy a property, but I am a little afraid especially after the treasury department said we are looking at early signs of a recession.

That far exceeds inflation and treasury rates.

Maybe ask if they've had a broker opinion of value done on their property as they may be anchoring their judgement against this number which may or may not be valid if they had it done six months ago before treasuries rose