After reading a few post here on BP, I'm affair I might be out of date with my contracts.1) First question I have is, if I do a L/O, and my Tenant/Buyer doesn't pay the rent, in Las Vegas, would you evict them or do you have to foreclose on them?

Is a sorry state of affairs when you start paying criminals for their wrong doings.Cash for keys started out with tenants who were victims of foreclosure, due to their landlord not being able to make their mortgage repayments.

I have a sister, of a deceased home owner, who is left handling her sister's affairs.

it will be a catered affair so come hungry and thirsty

But if you are operating your property through the normal course of affairs and someone is injured on your property because, say, your handyman does a bad job shoveling the snow in front of your apartment, it will be very hard for anyone to successfully argue that this happened in your personal capacity if you own the property through some corporate entity like an LLC.

A lot of incarcerated people will have given power of attorney to a friend or family member to handle their affairs.

Chances are once she sees how much money it'll cost she'll be singing a different tune.Now as far as your rights as a landlord and hers as the tenant, here are a couple tidbits from the California Department of Consumer Affairs website (http://www.dca.ca.gov/publications/landlordbook/sec-deposit.shtml):"California law specifically allows the landlord to use a tenant's security deposit for four purposes:For unpaid rent;For cleaning the rental unit when the tenant moves out, but only to make the unit as clean as it was when the tenant first moved in;For repair of damages, other than normal wear and tear, caused by the tenant or the tenant's guests; andIf the lease or rental agreement allows it, for the cost of restoring or replacing furniture, furnishings, or other items of personal property (including keys), other than because of normal wear and tear."

While her parents have been helping manage her affairs, they are older and wish to put the funds on auto-pilot.

email 1:See attached pages 32 and 33 from the CALIFORNIA TENANTS publication by the CALIFORNIA DEPARTMENT OF CONSUMER AFFAIRS.

I'm glad to see you've continued your love affair with real estate.