This is a classic case of trying to let the taxes dictate the investment decision.

Separately, the benefits and disadvantages of renting to Section 8 is a topic of extended debate on this forum.

I know it's a balance of reality, values, and what makes one happy that guide our decisions.

I’ve done one successfully in the past, so I’m not a complete novice regarding the topic, but that one experience doesn’t make me any less worried about the possibility of running out of time.

This would be my first real estate investment, making the decision even more critical.I understand that backing out would mean losing the $2,000 earnest deposit.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Explain your situation and see if there are payment plans or hardship programs available.The BiggerPockets forums have threads on tax liens and foreclosure prevention: https://www.biggerpockets.com/forums/41/topics/766025-surplus-funds-unpaid-taxes-in-foreclosure-saleAn experienced real estate attorney can advise you on your legal rights and explore potential solutions.Have you spoken with your local tax authority yet?

The home values are still lower than pre-pandemic and far fewer multiple offers.Vegas was the big topic among my local meet up circle.

I am hoping to learn more about how investors analyze their deals and make decisions, as well as looking to better understand general real estate investing.

I am trying to make a decision on whether to hire Anderson or not.