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.  

Its interest income - unless you wanted to run it through a C corp but then you pay corp tax first.Other option is to use a deferred retirement account. 

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

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

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

I have a background in real estate investment as well as new home building and administration and want to step out on my own.

I'm self employed and not showing much income on my taxes.

Texas is okay but higher taxes and can't get a HELOC. 

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

I'm trying to look for a course on how to better understand valuations and also tax liens in different states, so as to form better & tax efficient structures under which to invest in different states.