If you really want an answer you can confidently rely on you'll need to engage an attorney practicing in the state the property is located in and the state of residence of your grandparents and have him research the specific facts of the case.  

Quite a bit of risk associated with the process and from what I am hearing from those who used to be more active buying tax sale properties in Philadelphia the risks are no longer aligned with pricing concessions.

I am excited to become an active member of the Bigger Pockets community!

But very active little kids. 

When I was active at the courthouse steps, there were literally 50x the cases filed now in 2024.

Because I also own and buy actively, I also have the proven vendors that further save my clients money from insurance, landscaping, pest control, pool care, and handymen/hvac/plumbing/electrical.With that said, I’ll send you those properties today per our phone consultation @James Thompson and we’ll be sure you get your 1031 funds allocated smoothly and into great STRs 👍

If we agree the government has that power, then you must concede that they also have the power to take away the benefit to reverse the activity. 

For any investors who are knowledgeable about these areas or are currently active here, are there any particular neighborhoods, zip codes that stand out as good starting points.

There has been an enormous growth in tourism over the last decade, which has fuelled a lot of building activity.

3 of my faves when I was active for entity structure,  contracts and landlord-tenant have retired but Ryan Feeney of Overcast Law was very good with landlord-tenant matters.