I've heard of plenty of horror stories of tenants just squating indefinitely and the landlord having to now work around the system to get them out..Some sort of justice must be found in the middle to help both tenants and landlords equally.

If you use her car make sure it is worth something and the debt doesn't exceed the quick sale price.

Thanks for the response Charles.I do not plan to partner or sell, rather hold these rental properties on my own for an indefinite period.

Dodd-Frank, I don't believe uses the words "lease-option financing" what you will find is that the DF encompasses the SAFE Act and establishes authority over any consumer RE transaction that is designed, intended to or facilitates the transfer of title in a 1-4 family dwelling by doing so.You will be very busy looking up the statutes that have been modified, adopted or the recension of regulations, going back to 1938 that I noticed.Much of this stuff lies in definitions, you can't just read the word "make" or "makes" or "maker" of a financial obligation and assume it means the same thing as a car maker or one who makes cookies, the English word has different applications.

If lien holder on the abandoned property fail to enforce their liens within the 6 year statute of limitations, and if the absent owner does not show up within the 7 year period of adverse possession, my company could either simply continue to quietly collect rent without taking ownership or could quiet the title and sell the property.Eventual acquisition of clear title and sale of the property should not be necessary to make this plan succeed.My idea is that sufficient income would be achieved through managing the various abandoned properties for rents and resources.My company would be serving the community by providing needed low cost housing alternatives –often the opportunity to place or rent an RV on the vacant lots, we’d also provide rentals that tenants can pay for by using their own labor to improve the existing housing.Jobs would be created.And, I believe, the general community will be served by our company maintaining and improving a number of properties which would otherwise become waste.Governmental interaction would be avoided by indefinitely collecting rents on property abandoned by others or at least by not owning the properties until the very end.I would keep the visible business footprint as small as possible.Doubtless this plan involves more work than simpler forms of real estate investing.And working abandoned real estate will require creativity to improve and/or capitalize these properties which are considered undesirable even to their owners.I am attracted to working with abandoned real estate because it provides tremendous privacy.My company can control and collect rent on multiple properties where there is no public record of our interest.

The commencement protects the owner, as without one, among other things, the "clock" for potential lienors to file Notice can be extended indefinitely.

Hold it indefinitely and have a nice lump of income once its paid off?

funny thing, Elon offered it to other car makers but they all refused.   

Do you hold the property indefinitely?

La Quinta actually recently implemented an indefinite moratorium on new rental permits unless you’re in one of a handful of communities that are zoned for STR and also allow STR’s.