(c) Liens for special assessments levied upon the property conveyed that were, at the time of the sale under this chapter, not included in the amount necessary to redeem the tax-defaulted property, and, where a taxing agency that collects its own taxes has consented to the sale under this chapter, not included in the amount required to redeem from sale to the taxing agency.

It serves to create a defined contract to point to if there are questions, you learn how the leases function, it's easier to collect deposits, if you sell your house to another investor you can show it's been rented out. 

It's some BS thing instituted by banks so they can collect interest for a few days. 

I had Rent Redi before - good for rent collection and maintenance. 

But what does the lease state about nonpayment of the rent and collections process?

I am not sure how you plan to handle rent collections but if you think there may be times that a tenant will need to pay via some non online option then having a bank in the area of the property can be good.

- How many collective years of experience does the executive team hold? 

You can collect market rent or you can have these tenants, pick one.

pfffft Stay calm stay collected,  make THEM beg for you!

You are only supposed to collect the HAP total and no side deals.