People love it, and for only $13, its worth the price of an enhanced guest experience and higher chance of a 5-star review.  

We aren't that big as we only have 5 properties/7 doors but it has been a great experience for us and we aren't looking back. 

in my experience doing this in Vegas - the gross rental income is about 50% higher. 

@Felicia Vinces it sounds like you missed our Year End Live show and Podcast of "Real Estate Notes Show' where 2 15 year experience note investors break down what makes a note valuable.  

Has anyone had any experience with them?

There are varying opinions on this but mine is: cheap never goes out of style.

@Chris Lin, I appreciate your candor and sharing your experience here at BP. 

And the fact that your post had at least three votes for it when I posted this shows that there are lots of other people who would probably be losing in PA under those same assumptions that just happen to be FALSE in Pennsylvania.Pennsylvania has some rather complicated rules when it comes to tax sales; the particular type of sale that the OP purchased at is one that does not divest any liens; it simply changes the party that is the owner, with the new owner taking title subject to all liens and encumbrances of record.With tax sales, the buyer must be aware of all the local rules under which the tax sale is being conducted, because the rules vary all over the place.Now, what the OP seems to have failed to do in his research was to cross index the recordings at the county recorder; the "missed" mortgage would have showed up on a search by parcel number if that sort of cross check was done (and assuming all indexed documents at the recorder are properly indexed of course - I have seen mistakes made attaching a document to the wrong parcel).

The number of DSCR (Debt Service Coverage Ratio) loans a lender will offer can vary depending on the lender, your financial situation, and the property cash flow.

Any experiences or thoughts would be appreciated.