A signed agreement should contain deposit terms.

Tax sales are a balancing act among (1) the need of government to collect property taxes and, if owners will not pay then, then to provide incentives for investors to purchase the tax rights and (2) investors, who need an attractive return for the risk they are taking, and (3) citizen taxpayers, who should not lose their property and all equity because of small debts and perhaps temporary or at least relatively short term financial difficulties.

Also how did your tax return differ in terms of what you paid or got back from the IRS?

I'm analyzing properties that can be used as a long-short rental for 30-90 days at a time.

My question is about holding the property under an LLC, as opposed to holding it under my name.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

As you mentioned, it's my business and I set the terms.

If you're dead set on self-managing, find and purchase a property that already has long-term tenants and will want to stay after the turnover.

It could be permits or some issue with the contractors which could all add to your holding costs.

I have experience with BRRR's, buy n holds, and flips with clients all over the country!