Except that in 30 years, you will have accumulated more depreciation to return.There are strategies like 1031 exchanges that can be applied whet it is time to sell.

The Buyer agrees to use commercially reasonable efforts to secure such financing within [Number] days following the execution of the PSA.Closing DateThe closing of the transaction (the "Closing") shall occur on or before [Proposed Closing Date], or such other date as may be mutually agreed upon by the parties in writing, subject to the satisfaction of all conditions precedent set forth in the PSA.Condition of TitleThe Seller shall convey to the Buyer good and marketable fee simple title to the Property by warranty deed, free and clear of all liens, encumbrances, leases, tenancies, easements, restrictions, and other exceptions to title, except as may be expressly approved by the Buyer in writing.Property DocumentationThe Seller shall deliver to the Buyer, within [Number] days of the execution of the PSA, all documents and information relating to the Property in the Seller's possession or control, including but not limited to, title reports, surveys, environmental reports, leases, service contracts, permits, and warranties.Non-Binding NatureThis LOI is intended solely as an expression of the mutual intent of the parties with respect to the proposed transaction and does not constitute a binding agreement, except with respect to Section 9 below.

So pretty much where we are except for the technical unemployment numbers?

The seller will warrant good title "excepting out" or not giving warranty as to a specific lien requiring the buyer to accept the obligation to clear that lien.

I offer STR property management services for anywhere in the country, except California and New York states.  

We also love tertiary or small town markets with exceptional cash flow.

There is nowhere to park except on the lawns and the neighbors call Code Enforcement.

I reported her and they did nothing except remove her from the program

There can be exceptions, but I would think they are rare, like maybe the property was in LLC, LLC is inactive, owner of the LLC has passed, owner had no heirs and you can prove all that...then, maybe you could convince a title company there is no chance of a court challenge or chance of redemption. 

Here's my situation:I own a duplex that is about 100 years old and my tenants pay for all of the utilities EXCEPT for city water (which comes out of my pocket each quarter).Both of these rental units could benefit from some plumbing updates throughout (e.g. - 1.28 gallon toilets, eco-friendly faucets, eco-friendly shower heads, etc.) as a way of helping this rental property consume significantly less water (enough to save me a few hundred bucks each year...