Even at an exit cap rate of 6.5% (which is pretty close to inconceivable), investors would still make a modest profit.

I'm pretty bummed about this as I currently have a 3% interest rate on the home.

The national courses are pretty tough to learn the local specifics in my opinion....and tax sales are very very local.Find someone local where you want to invest....check your local REIAs. 

Most people that I talk to about it give me strange looks when I tell them that we own rental properties but basically live in a tiny house (400sq ft RV) ourselves.Eventually, we'll go back to having our own brick and mortar house, but this season is actually pretty fun for us and we've really been enjoying it.

I'm willing to be a little ambitious, considering up to quads that need light work, but my wife is leaning pretty hard on wanting a turnkey SFH.

Cash flow is pretty hard to find with such limited inventory.

Vibrant downtown area, prices are great, long term rents are solid, STR ordinance is pretty straightforward too.

But bringing your toddlers along may contradict your "8 hours of working on the property" story.Like pretty much all tax rules, this one has buts and ifs.

The house pretty much sales on its own.

I do them pretty frequently actually.Happy to connect!