The estoppel is a form filled out by the tenant, then confirmed by the Landlord, and then accepted by the Buyer.

They have better appreciation with easier resale, are easier to fill, rents are more stable and tenants stay much longer. 

.- operator has built and filled a similar development nearby- You can find pictures and numbers on some of the buildings they have built and are building here (https://lnkd.in/gfbdvtnf).- You can find a profit calculator spreadsheet here (https://lnkd.in/g-2m_vZA).

STR hosts, what's your go-to strategy for filling up bookings during slow seasons?

They can use water from the hot tub or fill up a bathtub to have water for flushing toilets.  

Sure, the fill time can be almost non-existent, but you also may need to abide to standards accepted by the previous property owner.

At the three-day workshop, day one was filled with success stories and the coaches describing strategies they implemented in buying and selling tax defaulted properties. 

The estoppel is a form filled out by the tenant, then confirmed by the Landlord, and then accepted by the Buyer.

It may require another schedule to be filled out at tax time meaning an extra expense also. 

Quote from @Cj Powderhorn: You are correct to question the long vacancy.Professional property managers like myself will work hard to fill a vacancy quickly.