@Jared Baker short answer Jared, continue doing what you're doing now.

Most people with short tenancy just need items stored for a few weeks and the free first month types of ads mean you won't actually get paid at all from that tenant.....or worse, they'll come back month #2 saying "it cost so much to move, I just can afford to pay Xamount for this unit.

I am mainly looking for the cash flow game in long-term rentals but also have been looking and BRRR strategy recently as it seems to be the best way to get the best cash flow or possible just flip it to capture the gains more quickly.  

Short answer, if the HOA foreclosed and now the mtg holder is foreclosing, you will indeed get proper title. 

Ultimately, I'm not too concerned with short term price fluctuations - it's about having the liquidity to survive a 3-5 year recession and the associated declines in rents.

@Joseph GarnerThe more skin in the game you have, the less likely you are to walk away from the loan if it goes south. 

Those are the two thing that I want most with this real estate game is Fix & Flips, and Landlord. 

Well, I need $25k to get the job done, which means I'm $3,000 short.

I assuming you’re using a PM that collects that short rental tax?

If it were a short term deal as an investor I would expect a higher rate but 7% seems pretty fair for a long term deal.