Document damages, follow statute regarding notices, change locks, get better tenant, start making money again. 

I have insurance for that but want to make sure I'm structured to protect the progress I make in REI before I get to that point where I can step back from full time practice (and for the statute of limitations period to follow when I step back from practice altogether).

Our attorney suggest that we always do a new lease, but we also update our lease each year with any new statute changes, or anything else we deem appropriate or need.

Since there isn't a written lease, the state statutes will be all the court can go by.Happy InvestingDerek Dombeck

The statute also provides for attorney fees if the tenant prevails.

@Matt MotilYou need to read the Dodd Frank threads or better yet the statute.  

It never went to trial on that ground because the agents malpractice was over 2 years ago, statute of limitations in Indiana.

You're looking at a judicial foreclosure with installment contracts in most states now to foreclose on the equitable interests that can be set by statute, like 10% and that can be difficult to arrive at if it is not clearly stated in the statute, is it the contract price or is the buyer entitled to appreciation as in a future sale?

Hi @Shaun PalmerThis page summaries NC state laws and also provides the links to the actual statutes: https://www.landlordology.com/north-carolina-landl...I hope that helps!

It would also be informative to read CH 475 Florida statutes.