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.

The initial term of the trust is 50 years, and it can be renewed for additional periods of 50 years indefinitely.

Unlike another poster, I don't see any problem waiting indefinitely for the seller to get everyone out.These can be the best opportunities when the landlord/seller has botched things up so badly and wants out.  

You will ruin that kids entry into the market for a long time, if not indefinitely.  

can someone explain how taking 5k loss and then buying a replacement car makes sense?

That was the number I felt my family and I could live comfortably on indefinitely and the only work I'd have to do was look after the portfolio.

:)I had a rental townhouse in Pleasant Grove that I planned on holding indefinitely, but recently sold it after just 18 months because purchase prices keep going up so quickly here, and rents aren't really keeping pace.

We still like our SUV's/trucks and that's why car makers are going away from sedans.

One group cannot profit indefinitely.