The laws there can be much different then we are use to in the US, so you should consult a local attorney.

The home has no liens and is currently behind in property taxes by 1 six month payment which was due in February.

I'm in the Rent Tahoe Nevada market and we are a landlord friendly state with low taxes.

Your real estate attorney can assist in drafting it, but the buyer can pay the taxes and insurance and have rights to the property, but if they don't pay, it will make it easier to recoup the collateral.

I acquired my property at tax sale and have quieted title. 

Plus their expense is a tax write-off. 

Is anyone investing into STRs and taking advantage of the tax loophole?!!?

Are you planning to do a 1031 exchange or a trust deed to avoid/ minimize the property gain tax?

Make sure to look into supply, insurance, taxes, etc. if you invest there.

This includes mortgage payments, property taxes, insurance, maintenance costs, and property management fees.