It is generally just to assure the lender that the property will cover the loan value in case of default.Now if you want an appraisal to put a value on the house for legal reasons, like a divorce sale, then I would tell the Appraiser the specific situation and request that he/she give to a true market value on the property.

However, your property manager should be able to guide you on legal options and solutions to secure the property and possibly help with claims for damages.

Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..

For them, the upside (rent growth and asset value) often outweighs the operational headaches tied to local regulations.Also, these larger firms often have the resources and legal teams to handle tenant issues that smaller investors might find challenging. 

I'm not so much a DIY type when it comes to legal matters so I am looking for an experienced attorney who specializes in tax foreclosures - ideally in that county.

Also buying new properties could allow you to create the proper legal structure if you haven't already.

Here's an overview of the periods they should consider:Monthly Leases - 15 days of notice.Leases That Last a Year or Less - 15 days of notice.Leases Without a Specified Period - 15 days of notice.Leases That Last Over a Year - 30 days of notice.If you've met the requirement of giving notice, then you can legally require them to leave by a specific date/time and change the locks the second they are out.

They can also handle all the paperwork and help with any legal stuff you might need to know.One thing that can help you and your tenants in the future is making sure your renters get renter’s insurance.

This can help protect you legally and keep your process fair for everyone.

I had a family member pass away with no will and I’m looking for legal advice as to who would have rights to the home.