Quite a bit of risk associated with the process and from what I am hearing from those who used to be more active buying tax sale properties in Philadelphia the risks are no longer aligned with pricing concessions.

It's obviously depends on the market you're buying it.

If you just want to pick investor's brains, I'd start DMing people in your market right here on BP and buying them lunch or coffee.

I’m struggling to find anything which is frustrating…..my aim was to buy somewhere early in 2024 but I’m analyzing a lot of deals and coming up short.

Ultimately, raising money is about creating a product that your potential buyers want to buy.  

I will avoid this $37,250 tax bill if I sell it now (I believe it's taxed at 15%).It was my intention to hold this property for a very long time (10+ years) as Austin was been appreciating nicely, and it's cash flowing at ~$750/mo.I don't plan to buy any additional properties at the moment. 

Feel free to send me listings you have in mind (don't worry, not planning to buy) and I can give you an idea of the neighborhood and what's nearby. 

Hey @Graham Reblitz, For long-term rentals, I would recommend buying 20 to 40 min to the north or east of Tampa and you are going to be able to acquire decent cash-flowing properties.

A great investing agent knows those people and will have a goal of you making money so you come back to buy more. 

Assuming you bought a cash flowing rental, then that means you are leaving more in the HELOC (incoming rents) than you are taking out for that property, thereby paying off the HELOC faster, also increasing the amount credit available for you to use to buy more houses down the road.