She has a tax issue.

Ensure it's properly tested and abated if necessary.Ignoring CMHA Guidelines: Pay attention to local requirements.

Given our higher insurance costs (usually 0.7% to 1.0% of purchase price as a rough guide -$291/mo on low end) and property taxes (typically between 0.5% and 0.7% of purchase price as a rough estimate -$208/mo on low end) that leaves only $1489 for Principle and Interest.

The other important item to consider is keeping your Credit score above 680, this gives you the opportunity to refinance without tax returns into a 30 year fixed rate Rental Loan, or DSCR Loan. 

This account includes ESCROW IMPOUNDS being collected for the payments of taxes and insurance bills as their occur.

I am new to tax sale investing.

I've wanted to get into real estate for a long time but typically moving into that realm in a w2 position means a decent pay cut and probable loss of all the other good stuff.

I like the fact that Atlanta area's property tax rate is low and seems there is growth potential. 

It’s always a good idea to consult with a tax advisor or real estate attorney who specializes in 1031 exchanges to ensure you're following all the rules and maximizing your tax benefits.

These are true STR expenses listed, not the typical “oh, you just have to pay for your mortgage and utilities” logic some “gurus” teach.