There is a new law that is slated to be enacted on July 1, 2024 which will adjust the process to obtain a tax deed.

I think one of the big picture issues is to be frank for the average person the will proably get better risk adjusted returns in the stock market and maybe even bond market right now, so theres so very broad sense in which kind of the whole thing is broadly scammy. however its the hardest time to buy a house since at least the 80's more content or maybe even another site aimed more a primary home buyers, with stragies for that, rent vs buy analysis, much more local coverage etc, it's quite possible if not likley this may just be a lost decade for r/e investing.

After adjust the inflation, the price is cheaper. 

If you bought under market, put at least $10k in rehab work you may refinance 75% of the new appraised value, (can exceed 100% of the cost spent, however there is a rate adjustment) 

@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario

@Shawn Parsh- start with comparing  what a monthly rent on a LTR  for a  property likes  yours  compares  to  30 days of  a similar  property  STR  for a property like yours ....make  adjustments for vacancy  expectations and  expenses and compare

PriceLabs is pretty good at adjusting to our season, but I believe it works even better when you adjust pricing and minimum stays, especially when it comes to mid-season months, very high, or very low season.3.

Vice versa, if you are just starting out, you might want to be more conservative to tackle any unexpected expenses that arise.The 70% rule is an industry standard, but that doesn't mean you can't adjust it based on your desired ROI.

I owe $40K on the loan & it has a high adjustable rate of 10.5% & rising ( started out at 8%).What I'm wondering is if I should sell or keep the property.

Contact the hotel directly to inquire about adjusting the reservation to include an additional guest.