I am not talking about just going to court.I am talking about 3 day notice to quit,filing eviction,court date in the mail,going to court if tenants answers and getting judgement and writ,then paying writ fee and waiting for the marshal to set up throwing the stuff out.These time lines and processes will vary by state.In some areas the marshalls are backed up serving the writs.So if it takes 2 months to get them out and the writ takes a month then it will be 3 months of lost rent.4 if you get them out mid month unless you can land someone living in a hotel or moving to the area mid month.Then you would only lose 3 1/2 months.You also have to factor in time to turn the place and clean it and rent it out again.The fact you accepted a reduced rent will make it hard to get an eviction in court.Accepting a partial rent usually means you are doing a workout with the tenant.So for instance of I can get a majority of the rent I might do a workout.If the tenant wants me to stop eviction for 100 dollars I tell them to pound sand. :)What you do will also depend on your personal cash flow situation.Are you trying to preserve personal credit and do you have a recourse loan on this property??

Scott's advice and don't even think twice about it.It's all about risk transfer.Don't get in a hurry,if it takes 2 weeks so what.This is a trip to court that you can avoid.Trust the seller as far as you can throw the property.

He already has the bank considering an offer and some time has elapsed... if he rescinds that offer and throws yours in, all he does is reset a VERY slow moving clock.

Ask the agent for a proof. if the agent cannot produce one, maybe you should work with someone who knows what he is saying instead of throwing it out there hoping to make an impression.It might be that he heard something from someone who overheard someone talking on the phone in the airport restroom.

Keep asking any questions or throwing ideas on the wall.

Get a lifetime warranty if possible and only use a company who has long history (good history of course) so that you can have a better chance of a lifetime warranty being honored.Ultimately, anything can be fixed if you throw enough money at it.

Can a judge throw out the iPad lease saying that it's not a proper legal document?

I like to keep my skills up by negotiating on EVERYTHING, I will go into a Mcdonalds and get them to throw extra food in just by asking.

Don't give short shrift to the tax situation, they can have a profound economic impact on your investments.I throw this out because folks often come on here with VERY basic tax questions.

Having 1/3 cash, 1/3 metal, and 1/3 RE is my constant goal, but it seems whenever I make a purchase, it throws that plan way off track and I'm back to trying to equalize.Thanks for all the great advice guys!