What happens at 9/1/24.. can i still raise the rent for 10/1/24 or will the contract renew it self for a year and stay the same amount?

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.

STR, long term rental?

You ask them what their terms are beforehand also and get it in writing.

Is it a good market for long term rentals?

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

However, I offered them only $7500 down and got a rate of 3.5% on owner financing.I have another deal I'm working on that is a 53 unit portfolio that the seller will carry the note and is giving me incredible terms. 

If you're open to furnishing and giving mid or short term renting a shot, that makes it easier to get a property to pencil in year 1.

I heard that short term loophole is a one time benefit that you get the year you start service.

I love working with midterm rentals as they bring more income than long-term rentals and higher occupancy than short-term rentals while maintaining similar rates.