Real estate is a long game, and getting a good asking price when the demand isn't as competitive because most people have similar thoughts to yours - might be worthwhile to take on the investment.

It's much more hands on depending on demand.

Very high population growth over the past few years and sustained high rental demand along with that.

What is the overall supply/demand? 

It's all supply and demand.

I have had bounced checks and bounced ACH deposits, but in all cases the tenant owned up and paid all the fees.I would demand a cashiers check immediately from the tenant plus any fees you incurred.

What market research have you done so far to test the waters for MTR demand?

From that, it is obvious that when 40-10-74 gives  you the right to possession as soon as the tax certificate is issued (but limits when you can file an ejectment lawsuit to 6 months after taxpayer's receipt of notice with demand for possession) and 40-10-83 gives you legal fees if the taxpayer redeems in an ejectment lawsuit, both of those go together.

That's a whole different animal....then you assume all of the risk and liability.

Makes big sense to them to pay good money, but for you as the investor wanting to resell it, you couldn't pay that much and make money.Florida....just being devil's advocate...wouldn't you want to buy in a place that has high demand and the chances of selling or values better, than in the little town I described above where there is no demand and no growth?