Rule 500.4.In an Eviction Case in Justice Court based on nonpayment of rent or holding over beyond a rental term, the parties may represent themselves or be represented by their authorized agents, who need not be attorneys.

If someone does not match, that is how I decide to diplomatically cut ties with them.Best way to protect your downside is through have very good legal documents that show the way during the worse case. In

Dismemberment, maybe…Until the other thread started I've always been under the impression that you could wholesale without a license because of equitable interest, obviously that's not the case in Ohio.

There's no 1031 exchanging property for a note.On an installment sale, the principal collected(100% in your case) in any given year is subject to capital gains.

In fact, that is usually the case in my area, that there is not very much equity in these pre-foreclosures - maybe not your area.

As we get back to each family taking care of itself, and being responsible for themselves (all generations), then the answer will be in buying and holding those multi-family units and renting them to those responsible "multi-generaltional" families who have proven themselves to you in your current rentals.Those that show responsibility for themselves and thier families (or communities) are the most likely ones to survive in any upcomming upheavals as they all will band together as was the case in the "wild west" days.

We have to rent them for $1600+ to be cash positive - but that doesn't seem to be the case in my experience.

We think we are making a safe move by going with a turn key and paying top dollar to minimize risk but thats not the case in many cases. 

Only a licensed attorney in that state could speak in more detail as to whether these are considerations in your particular case in your particular state.

Unless you are a court case in your future and the state laws are applicable to this situation, you may try looking in Cheyenne.