Peter Roe at Advanced Home Inspections is VERY thorough.

South Lake just passed a bill that heavily restricts short term rentals, very limited new permits and most existing are getting shut out in 2021(if the bill doesn't get overturned).

South Lake just passed a bill that heavily restricts short term rentals, very limited new permits and most existing are getting shut out in 2021(if the bill doesn't get overturned).I met a guy playing poker the other night that told me that he owns 10 short term rentals spread out around the country, works a full time job and self manages.

You’ll be sort of an observer  here....any action to overturn the sale will be against the lender.Sounds like BS to me...if they had really paid the loan off, there wouldn’t be any foreclosure and the other two items are likely irrelevant.You’re not going to want to spend any money on the property though until this is resolved.  

ROE comes into play when I'm trying to optimize my portfolio later on.

I just talked to a bank this week about ROE’s there holding onto.  

Can the tax increase be overturned?

Makes no sense.I see 2 likely outcomes from the case: (1) Gov Wolf's order is overturned and we go to business as usual with a massive eviction and foreclosure tidal wave, or (2) declare it an unlawful taking and order PA to pay damages to landlords.

Yes, your ROI is 6.8%, but your Return on Equity (ROE) is ~5.8%.

Yes there are cases where a 3rd party purchasesd what they thought was a 1st, only to have it overturned later and end up being a 2nd.