We have become good at it, by simply issue a 3 day letter to pay rent or quit.

We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors.

If you have a self directed IRA there are no tax consequences (but potentially various other issues), otherwise you will be subject to tax at the highest dollar rate as well as penalties if you are under 59.5 

He makes sure we maximize all deductions and have no issues.

Obey TorahBest, Larry Cheshier That’s interesting Larry but the issue becomes interest rates to borrow the money wouldn’t make this a valid choice.

If there are items of value left behind, or even personal items of sentimental value, I will follow the abandonment rules to a "T" to avoid any legal issues.

I want to ensure that the structure of these investments I am working on correctly address key issues for investors. 

The issue is cost.

Basically, these are lands that technically qualify as Sending sites, but that have issues such that nobody really wants to build there.

As an investor - if I was putting $125k down I would want title in my name and a clear title policy - so that is where I would have the issue.