The Bank took bank possession on 02/02/09.

Have your attorney do two things simultaneously: (1) draft a letter to the tenant called "notice of termination and demand to vacate" and (2) file an unlawful detainer suit seeking possession and, if possible, damages. 

I knew she was dirty, but when I took possession after she moved out, I was in shock walking in the door. 

She never shows up and the judge grants a default judgement in my favor.After the Trial:  As I am filing the Writ of Possession, at the clerk's office, she shows up.

Liability insurance would come into play if you ever take possession of a property, but that would likely be limited to that specific property unless you are doing significant volume.

The girlfriend was arrested and charged with felony possession of a firearm and it came out of the woodwork that she had killed her previous boyfriend in 2010 and been convicted of 2nd degree domestic assault in 2014... 

@Joshua DeesAre you really that hard up for a wholesale deal you’d go to a prison and jump through legal hoops to get a gang member to sign off his only worldly possession he has left and possibly put yourself in danger because of the gang connection ?

I'm going to add "Account Closed" as a new keyword alert.With respect to the tenant, until you obtain possession the numbers and condition are irrelevant.

Offer the note for as a down payment on the real estate you desire to own.same as #3, but ask the seller to take back some paper also (if not all of it) this is called "papering out"create a note again on one of your equities - sell the note for a cash discountmake an offer on the property you want subject to a 1031 exchange or subject to an outright sale of another propertyoffer one of your properties for sale with a deep discount (you'll have lots of interest) with an option to buy back in a few years (you get cash and have an option to buy your property back - buyer has your property and cash flow for a period of time plus a great yield on his investment)borrow on your home - use the proceed for cash flow real estatedon't buy - C O N T R O L  the property you want with a skinny contract of sale - with the right to market and possession if it is vacant (do a little work and improvements) offer it for sale at price that will give you a nice profit  - assign your contract for a profit.

Do CODE VIOLATION SEARCH.9Calculate MAX Bid PriceOnce the properties are filtered with the above criteria, set the max bid price between 60% and 75% of Fair Market Value or ARV10Bid StrategyDetermine the low starting and maximum bidding amount, to be agreed by GENERAL PARTNERS11BiddingEnsure 5% of max bid price is in County bidding bank account 3 days prior to bidding12Property Win BidEnsure funds are wired to County bank within 24 hours of WIN13Send File to Lawyer/Title SearchIf property is still occupied, have Legal file a “Writ of Possession” to get former owner removed, Perform Extensive Title Review, Negotiate any existing Liens14Receive TitleReceipt of Certificate of Purchase, Certificate of Title to occur within 3-4 weeks from date of winning Bid, continue follow up with County until received