Property taxes are important, sure, but they shouldn't be the make-or-break factor that kills a potentially great deal.

But when I looked at the description it says that potential rent is $1200 per unit. 

The unique architecture and potential of the property, as well as the money making potential that it had.

Yes, prices are high, but there is good potential for appreciation, and tenants are generally reliable and high quality. 

Is there strong demand for rentals and is it potentially possible to rent a room for 1500-2000 depending on the location (slightly cheaper than a studio from what I've been seeing which is how I priced my rooms in AZ)?

Consult a tax advisor to optimize the use of passive losses and explore potential benefits from selling stocks.This post does not create a CPA-Client relationship.

There’s so much potential in real estate, and with your experience, I’m sure you’ll hit the ground running.This is an amazing community to connect with like-minded individuals and learn from others who have been where you are now.

Make sure you have the deal dialed as you will be selling the deal and yourself as the investment to these potential partners. 

Quote from @NA Hirsch: What service do you recommend for doing a soft pull on a potential borrower's credit?

@Lolo Druffif you're really thinking about buying there then I would recommend going there in person, potentially multiple times, and building a network.