Property taxes, income taxes, sales taxes, declining population, unfavorable rental laws, winter weather.

The cashflow should cove ALL of the expenses for the primary (mortgage, taxes, insurance, utilities, etc) AND put money in their pocket.

So we can all avoid them) and I'd say:"You were hired to get these Tenants out of my Property!

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

Rules vary significantly, and you need to be aware of licensing, taxes, and any restrictions.Local Market: Analyze the STR market in your target area.

I don't think our detroit land bank sale properties with tax liens I would have to look into that. 

Unless there is a reason to submit your tax returns, you could go w2-only. 

How do you pay for the tax and insurance?

I work a lot with investors outside of the US from a tax perspective but from a mortgage perspective, as mentioned above hard money or DSCR is probably your best bet.

Unfortunately experience means you've made some costly mistakes :-) So, to avoid those costly mistakes, when I take on a new approach in investing, I buddy up with someone that already has experience doing them.