I watched as cheap cash cars were bought with income tax every few years when they got too expensive to maintain.

I am looking to start investing into Tax Lien Certificates/Deeds, but I don't know which way to go. 

I am very new to Tax deed investing in the US.

Accounting for the utilities, taxes, closing costs, etc...

DSCR loans look at you liquidity position, credit score, and the rent vs principal, interest, taxes, and insurance.

If they purchase a house in your area, you could have the judgment attached to the property (I have done this before).Lastly, I have heard that you can 1099 them so they could be forced to pay taxes on it.

@Sean McDonnell, one thing to consider is their revenue numbers count all revenue (nightly rate, fees, taxes) so you should deduct those from the AirDNA revenue projections.This is easier to do on a property-specific level since you can roughly estimate the cleaning cost for a specific property.

There are also tax considerations, such as depreciation and IRS Section 121 Exclusion.I would probably keep it as a rental for two years and then consider IRS Section 121 Exclusion; I would probably still keep it as a rental at that point, and if interest rates get below 6% I would consider a cash out refi to buy another investment property.If you do keep it as a rental I would recommend you pay for pool service, this is something that should not be passed on to the tenant as it can cost you big time if not properly maintained.

Baltimore property taxes are also pretty high, quick flips are profitable and if you or your investors know what you/they are doing, Baltimore is a great market.

It's about finding a property at a fair price and negotiating the best deal.This deal, with the state tax lien involved, in sketchy.