Hey everyone, I'm new here and to the landlord world ! I'm planning on buying my first couple properties next month at the city auctions for non paid taxes. What's the pros and cons on this ? Have you ever went this route ?
Backstory: I'm from a small town in Oklahoma who has a population of roughly maybe 1K-3K ppl living in the town . There is a lot of old abandoned houses, commercial property etc there and I want to invest in it and make it at least easier for ppl to find homes and hopefully bring more ppl to the town . But my family and grandmother still reside in the town and pay rent so I would love y'all's opinion about this move prior till purchasing.