Evaluate Realtor Performance: Reflect on your realtor's performance and consider providing feedback or seeking a different realtor for future transactions if you feel your current realtor did not adequately represent your interests.In summary, your realtor should have proactively checked the status of the POS report and communicated any issues to you well before the closing date.

This would qualify the property for long-term capital gains treatment. also, if you command decent rents, it’s going to help you flip that property at a higher price point with solid tenants.I also agree with the sentiment that if you decide to flip it and pay tax that’s a good problem to have because it means you made money on your flip and that’s the goal!

It seems that things work pretty smooth until something bad happens to the home, then it can turn into a "phone call" nightmare really quick, and it did.Now, we are thinking about long term renting.

Quote from @Bradley Hendrix: That is a long post, but it's what people need to hear.

There's a long list of DD we put sponsors through, if you want to DM me I can send you our checklist.

What can you rent the property for as  long term rental in the event that AirBnb doesn't work out? 

Therefore the time frames don't align and presuming that people logically stop paying their taxes and mortgages at the same time, the Sheriff Sale would happen long before the Tax Sale. 

We are planning to buy a rental property for long term rental  putting 50/50 for the DP.

Building a strong, high-performing power team is essential for any leader aiming for long-term success.

So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also something about investors not wanting to put money needed into Section 8 properties because they think they're just going to be ruined by these Section 8 tenants, and as someone who knows the entire process with investors, owners, contractors, tenants, and prospective tenants, this is what I have to say about it:In my experience, Section 8 HUD tenants are actually better custodians of the property because of many factors, but 3 of the main reasons being, there is an annual HUD inspection that is performed on each property, so this gives the owner an extra 'protection vector' against damages, also, the initial placement of a Section 8 HUD tenant requires a passing HUD inspection, therefore there's a record of the property's initial state prior to move in, and additionally, they want to have an easy renewal voucher process annually, and their unit remaining in good condition is an incentive for those reasons, therefore they are LESS likely to damage a property - their future depends on it!