So where are you?

In my experience it just indicates people who probably grew up in a family where they were not sophisticated with money.

There are a few houses on a street where I already have a house.

(Max vacated rents - your monthly mortgage payment) = +/- net cashflow.On the other hand, you could also look into multifamily units where you can live one of the unit and rent out the other vacant units with as little as 5% down payment.

I’m particularly interested in assets where strategic renovations and management improvements can significantly enhance cash flow and overall investment returns.After doing a lot of research I believe deals will be starting to come in towards end of year and early next year.

Therefore my only way is to apply to the municipality for an update, I want to explore this option but I have no idea where to start..?

You're right that the expense/hassle of a trip is worth it relative to the amount of money at stake.A question on that though - in a market where good OM deals hardly last longer than a week - is it really realistic to plan on touring specific properties that I might put an offer on?

I feel like I can't protect against a situation where I get sued (e.g. someone slips and falls) and they "only" choose to go after the liability insurance on the property's policy, leaving the umbrella policy to pickup anything above/beyond the liability from the STR property. 

So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?

There is a 1 year redemption period where the owner can pay their taxes.