@Raymond SantosNumbers seem a bit too conservativeI don't know the conditions of the property, but if I was running the numbers, I would use the following:Monthly:Revenue = $2,550Expenses:Mortgage: $1,347 (300k at 3.5%)Insurance: 150 (1,800 a year)Maintenance: 200 (should cover lawnmowing, pest control, hvac, and a few other things)CapEx: 200 (this one is a wildcard, but 200 is very conservative from my experience)PM: 250Vacancy: 107 (half a month a year)Total Expenses: $2,254You net $250 a month.

I can’t say that increased foreclosures will correspond with equally as favorable lending conditions, so right now seems pretty good if you have the capital lined up.

Tenants seem to like living there and also keep the house in good condition.

The option agreement: stating the length of the agreement, the upfront payment due, and the purchase price – among other things. and -- The lease (or a management agreement): which states how much you'll pay each month, the conditions you need to abide by, and so on.

It was a trust sale and I was able to negotiate a $100K price reduction and a $25K credit because of the property condition and market timing with covid-19 How did you finance this deal?

Granted those units are in really good condition, but Won’t be as updated as the ones we are working in now, even still, I think that their current rent is far below the going market rate.

On the other hand, it's apparent in the county minutes that they're at a loss for what to do with the property or who would potentially want it given current condition and zoning.Does anyone have stories, tip, or tricks for buying properties from their county's "delinquent tax list," before they go to auction?

If someone tells you they are struggling, have a list of resources handy where they can reach out including mental health hotlines.

The HOA is well-funded, everything on the property has been recently renewed (roofs, roads, pools, gardening, etc).I am curious as to whether market conditions are shifting because of local short-term stay bans (which might have opened up a lot of housing stock), COVID, over-building, or any other factors.In a town of 20k people, apartments.com lists around 3800 available rental units.

I’ve taken conventional routes so far, so maybe the conditions allow for creative options.