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This can help protect you from discrimination claims.

The Justice Department, backed by 10 states, claims these landlords—who manage over 1.3 million rental units across 43 states and D.C.

Upon further investigation, I found several more properties under similar circumstances.At first glance, it seems possible that these properties were either gifted to the nursing home by former residents or claimed as repayment for services rendered.I’m new to real estate investing, I’ve been in the education phase for the past 2-3 years.

If the place burns down (which it very well could because K&T is a big fire hazard), and the insurance company finds out you didn't disclose there was active K&T, they will certainly deny the claim.

Been in contact with the BBB also regarding these guys and what they are pulling on people and their fake reviews and claims.  

I make no claim at being a tax lien expert, but most of the time anything that makes it to OTC is so picked over it is nothing you want or could get much if any value out of if you had to foreclose. 

Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.

., lighting, HVAC, or carpeting), they can claim a deduction for the remaining undepreciated value of those items.

However, we've never actually filed a claim, so take this with a grain of salt.