The pandemic spurred a multifamily construction boom (condos, apartments, townhomes etc.).

The "half assed rent collectors" you alluded to - while I don't advocate for that approach, and it's not what we do - have figured out that there is a market for exactly what they are doing.The real question is, is there a market for what you're proposing?  

. 🤷‍♂️ ““WHEREAS, on Sales Day, the ninth (9th) day of October, 2022, the Delinquent Tax Collector did, during the usual hours of sale, after due advertisement, sell the said property of the said John Doe, tax defaulter (s), to James Doe, his heirs and assigns, the purchaser (s), hereinafter known as "grantee (s)", and the highest bidder at such sale, for the sum of $XX.xx and gave a receipt for the total amount of said purchase money to him; andWHEREAS, more than twelve months have elapsed since the date of said sale and the defaulting taxpayer (s), and grantee from the owner or any mortgage or judgment creditor have failed to redeem said land so sold for taxes:NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that I, Jill Doe., Delinquent Tax Collector of and for the County and State of aforesaid, in consideration of the premises, and the sum of $xx.xx paid by the said grantee(s), James Doe have granted, bargained, sold and released, and by these present do grant, bargain, sell and release unto the said grantee(s) James Doe and his heirs and assigns. “”

And then you had a massive boom in building so even when covid was over, you had too much inventory and less people with all that money.

Starting to see a lot of pent up demand that will likely boom when rates finally come down

There are not enough hotels and bed and breakfast spaces for all these people, so private bnb rentals (such as Airbnb, Vrbo, etc.) are booming in Salem.

Purchase price: $250,000 Sale price: $349,900 We provided a loan for a new construction project in Palm Bay, FL, with one of the biggest build booms.

If the Notice of Seizure is returned to the tax collector unsigned or not properly signed, the property must be physically posted as seized by the County Tax Collector.

A linear market is always the best if you don't want to invest in places that have larger boom/bust cycles.

Fair Debt Collection Practices Act (FDCPA): This law applies when a debt collector contacts a borrower on behalf of the bank.