By the time we get to a seller who wants / needs to sell we are normally burnt out and arent being the best versions of ourselves.

@Henry Clark other than just a normal google search of "population of x" town, is there a specific site you use?

Feeling overwhelmed is totally normal—it means you're taking this seriously.

When you build enough capital/assets/net worth to afford a reasonable monthly cushion you can see if the lifestyle of a full time investor is something you’d want to pursue.  

Normally that tax is split between buyer and seller but since its an auction the buyer pays it ALL. b.

@Ben CallahanCheck out markets that can fit with your lifestyle, time, and energy.

My wife and I are tied to this area due to being in proximity to family and we currently enjoy a farming/hobby farm lifestyle that is a big part of our family culture.

Loss of Use / Loss of Rents: Normally, there is a 20% included limit.

The only difference between STR insurance and LTR insurance is STR insurance will have a higher ceiling, which is normal considering their higher premium, and they will cover irregular items like flea damage, furniture damage or bike accidents which never fully cover the cost of insurance increase if you ever claim them. 

It's not a normal residential lease.