Does the city not provide notice before installing permit parking for owners? 

That sinking feeling when you win and no one else bid etc. like "uh oh".For the original poster, some thoughts to sell might consider seller financing as clearly this is not going to sell to owner occupant.

I have never seen such a racket where the middle man and the user gets all the benefits and the property owner takes all the lumps.

Yes this is my first STR that I would be the owner of, but I've been managing STR's for the last two years.

It was an off market property that my realtor knew of because she had discussed listing it for the owner in the past.

As a business owner it behooves you to thoroughly understand the state laws.

Not aware of direct data for your question.Large apartment owners spend big money on this question and usually answer it by gauging demand via vacancy rates and Days On Market.

Ask for owner references too.Be wary of online reviews as disgruntled tenants will leave dishonest reviews if they get evicted or charged late fees. 

Here are some steps you can take to protect yourselves:Verification of Ownership: Ensure that the person selling the property is the legitimate owner or has the legal authority to sell it.

I’m looking for some guidance in my area on purchasing tax deeds and how to go about obtaining a tax deed auction list I called the county and city hall and everyone is telling me that they don’t sell tax deeds if you pay off the deed it stays in the original owner name if he alive or dead and even if he owes taxes so I’m lost here on even getting started please help or we can even partner up