I also suspect inflation will drive continued migration to lower cost of living / lower tax states.  

I have also been doing quite a bit of research on Loan's, tax consequences etc., and am working towards being a expert in this niche.  

The home burns and the incredibly over taxed CA FAIR plan has either gone bankrupt or takes years to pay out.2.

@Stephen Fleming your cashflow probably won't be what you think it will be:(Have you factored in the new property taxes at homestead millage rates?

@William TaylorMichigan has some of the most complicated property taxes in the USA.

@Chris Seveney The types of leads I'm targeting are absentee owners, vacant properties, pre-foreclosures, tax delinquencies, and probates. 

It is DSCR based and no personal tax returns are required to qualify.

Since part of your property is a rental, I believe a portion of your mortgage interest should be a tax deduction unlike your other debt.

After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?

Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!