@George Henry In Arizona an owner can self-manage hundreds of properties if you desire.

If you bought the property in the last couple years the property taxes were probably artificially low for a long term owner occupant?

I am in Madison county IL.2) After winning the tax certificate for a property, I have 4 months 15 days to send the Take Notice for "Notice of sale and redemption rights" to the county, so they can send the notices to the property owners.

If they do file, the owner has to hire a lawyer to answer the law suit. 

Hi Alex - I'm a buyer interested in industrial properties that meet the following criteria:10,000 - 25,000 sqftLess than a mile from the highway 16’-18’ clear height Owner occupiedPlease contact me if you find any that meet this criteria! 

The challenge for me is that I live in San Diego CA and the market is expensive and I compete with owner-occupiers who will pay top dollar.

You will be the Titled owner and you will be responsible for the HOA and the Taxes on the property as the owner.

Hello
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In most cases, the owner/possible seller would want an option fee paid up front to entice them to entering into the option to purchase agreement, so assuming that is the case, would enter into the agreement with a pretty firm plan to purchase and not lose that option fee. 

Some cities require the STR permit number in the title or very top of the OTA listing so city permit  technicians can scan and keep track otherwise the owner will be contacted and fined for forgetting or shut down if operating illegally.Some cities have a 24/7 STR hotline dedicated to receiving any complaints (from neighbors, HOA) for a code compliance officer to act onSome cities issue expensive fines for those operating without the STR permit