While they are beautiful and get you top dollar, many come with tax abatement that expire in 5 years and will significantly reduce your cash flow once expired. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

LLCs require additional filing fees and tax returns and just complicate things.

On the renewal for the license, I asked if the loft was considered a bedroom and the response I got (unsurprising when it comes to taxes & fees!)

As mentioned the main downside to using a SDIRA to purchase properties is you get no tax benefit upside (depreciation) and have to pay taxes on UDFI.

Just think tax deductions 😂👍🏼

The tax assessor will usually send a tax bill to an address the owner is listed as recieving it.

Here is an article i found with a simple google search: about $5000 but i thought quiet title in georgia was actually higher.Tax Deed Services For Owners of Tax Deeds - Gomez & Golomb LLC

Don’t forget you’ll get 20-30% of the rate increase back in tax savings. 

LTR is stable, slow, and risk is low but potentially not as much cash (right away).Comes down to what goals you have and your risk threshhold - I have friends in CO springs who do STR and MTR, and works out great - but also have folks who LTR in that area and it pays for them self and it a great way to save money in places like taxes and build equity.