Below are the key data points:- Gross Rental Income: $118K (I received the rent roll list from agent)- Effective Gross Income: $112K (I'm assuming a 5% vacancy factor)- NOI: $56K (I'm assuming 50% Operating Expenses - inclusive of 10% property mgmt costs, repairs & maintenance and CapEx reserves)- Recommended PP: $623K (Market CAP rate is at ~8%; I used 9% because I want the Cash on Cash return to be 10%+ with a 30% DP at 7.2% interest rate and 30 yrs term)- The asking price is $1.25M.

Does anyone here have experience clearing a title after a tax sale in upstate New York and subsequently selling the property to a retail buyer? 

While I have the time, financial resources and motivation, I lack experience in this niche.

In my experience lenders much prefer to see the income on your tax returns then from what is on a lease.2.

You've got the experience, and your friends want to relax while their money grows.

I believe my experience in the market can be valuable for both buyers and sellers, but I'm also eager to learn more about building a strong real estate investment portfolio.I'm particularly interested in BRRRR strategy, short-term rentals, and multifamily investing.While I sleep, eat, and breathe real estate most of the time, I also enjoy sports (go Vols!)

Why go through all the trouble of sourcing and leasing up rental property only to have your acquisitions be temporary leases and lose out on all appreciation the property experiences while you're operating it. 

I just tried switching a unit over to them and I had a terrible experience.

In my experience this kind of thing can get out of hand very, very quickly.]2.

It's been my experience that people talk a good game, but get serious alligator arms when it comes time to reach their checkbook.