And he deals with constant turn-over, due to people on this base being transferred, but he gets steady rent payments, never-the-less.

By the way, I plan to post my new member introduction as it's long overdue. 

Therefore, rather than going through a lengthy and expensive foreclosure on the property, the bad tenant buyer is now only a tenant and can be evicted.

That being said, he we are over due for a correction in real estate. 

Around here, the eviction process is lengthy (60 days minimum) and costly ($1000 easily) so IF someone has a good history, and has given us proper notice, perhaps even already scheduled their move-out inspection, I don't lose any sleep.

Tax Liens destroy the returns you can get from a CD with the bonus of maybe foreclosing on a property or two after a lengthy legal process in our land courts. 

It was long overdue for full renovation, (all surfaces) and I just finished that, so I’m at a crossroads. 

It was expensive to heat, mice and squirrels kept chewing holes in the plumbing, the floor was soft in places, and the garage was overdue for a roof.

I have a lengthy Legal Opinion, from my seasoned Legal Team regarding this matter.

LIke a mini hedge fund. but a little more complicated than that.. and too complicated to describe on this site.. it would lead to a lengthy debate  LOL... suffice it to say when I sold last year I was a very happy camper had a nice liquidity event.