Do I have to tell him or can I just deduct the removal and replacement fees from his security deposit?  

It took the company about 15 yrs of being around and building their portfolio before the two principals of the company were able to remove themselves from all personal guarantees and get to purely non-recourse debt with bad boy carveouts.When looking at MF loans, you can often find non-recourse debt on acquisition financing as low as about $1mm loan balance, even with no real experience (granted, you will need an experienced management company lined up and personal financial statements showing a net worth equal to loan balance, but you are not putting your personal financials at risk like many commercial loans).

., I understand the law is the law, but the law is made to force folks doing much more than raking a yard or replacing a loose step to become a contractor who has insurance etc. 

I would double check I suspect HOA liens get removed as well since they are junior to the tax .. over the years we bought literally hundreds if not more than a thousand parcels in CA at tax sale and never once had a lien survive.. the only bummer was we got one over turned when the county missed the statutory publishing date  ( 21 days) by one day and the owner who lost the property brought a civil suit and the judge reversed it.. the entire sale that year could have been reversed over 250 properties but each and every own would have had to bring a civil suit.. then after one year there is NO ability to reverse the sale. and of course we got our money back.. but spent money on attorney. 

It isn’t always the case.Our team will need direction from time to time especially when unexpected expenses come up.Over the years we have witnessed many investors with magical expectations of making millions within a year (My name isn’t David Copperfield) and that just isn’t the case).If you aren’t willing to buy multiple properties and hold them long term, you will mostly likely loose money.I’ll repeat that for everyone :)If you aren’t willing to buy multiple properties and hold long them term, you will mostly likely loose money.

Anywhere in Florida is pretty possible, depending on regulations which are loose in most areas, not all.

Electrical room fuses have been removed.

The 401k can accept rollovers from any other qualified retirement plan except the Roth IRA (for now, there is proposed legislation so that this restriction may be removed in the future). 

Let the manager deal with removing the tenants, giving you advice on fixing the place up, coordinating with contractors, and getting this place rented at market rates.A property manager will cost you around $4000 a year.

Hi group I’m looking for lenders that have programs for heloc on investments properties I’m in lake county IL right now I believe is better to do a heloc or 2nd loan because if I do cash out refi I be loosing cash flow or any advise