The foreclosure actions were uncontested, but neither Judge hesitated for even a moment about recognizing the property tax that I'd paid on someone else's property as a valid lien.One judge did press me hard regarding, "what effort you made to contact heirs when you try to claim the property." as Bob Bowling suggested may be the case.

Lots of great wisdom & resources here,Press On!

I'd start with a phone call to the tenants that would end with "If you are out by Friday,  apartment is clean and I never hear from/see you again,  I won't contact (insert threat here:your lawyer the press DCFS, LA child service,  all of the above  etc)" 

Judges will tell you they have seen zero to just a few cases in their time on the bench and it hardly ever happens.

I dont know yours, but here in my area, you would be hard pressed to find something at the 1% rule.The 2% rule should just be a guideline, better for you to take a deeper look into the deal.

The potential tenant could press #1 for info on property A, press #2 for property B, etc.

I didn't press him.

There has been a lot of press lately about new investments in real estate there.

The most common options would be renting or doing a lease option/purchase -- but with a hard money loan, you'd be hard-pressed to see positive cash flow and you'd be forced to pay off the loan when it comes due.If you absolutely can't find a way to pay off that hard money loan, my suggestion would be not to borrow the money unless you were practically 100% certain you could either sell the place for a profit or you could bring the money to the table when selling for a loss.

Hey @Chris_Winterhalter (mentions still not working here), thanks for your assistance.Well, the theme has only yesterday been decided, so the project has become even more time sensitive.I mean something like an overgrown high-end cabana with a terrace, drinks and snacks (can't disclose the exact location) where a major source of revenue is renting out the benches at an exclusive part of the beach.The building can stand there for half the year, but has to be deconstructed in October and reconstructed in March.We can use the current building for this year, but it won't structurally last the reconstruction for long.By the way, have there been any puns on your last name this past season?