The tax lien owner could abuse their right and overcharge or make unnecessary repairs.    

IMO, there seems to be this unnecessary divide between people who really could benefit from working together & figuring out how to set a standard for investing in real estate.

Not wearing a helmet is taking unnecessary risks.

. - Lived in half, rented the other halfWhat I would do differently:- Target homes in a hot market before buying, guaranteeing appreciation- Prioritize my renovation projects better to complete faster; removing unnecessary improvements (based on rent ROI)- Target high-end tenants- Don't pay utilities for tenants.

I’m avoiding unnecessary drama.

I often break it down into the "five pillars" of protecting your assets.1st pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.2nd pillar is a good insurance policy as that cover the majority of your exposure.

Generally though, I break it down into the "five pillars" of protecting your assets.The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments(maintain your property, etc) - these simple steps will help you prevent lawsuits before they even occur.

For example, if you are selling your current home to purchase a home that efficiently works as an investment AND  personal residence, you'll find a lot of unnecessary friction when working with an agent who doesn't understand those realities themselves. 

I say, why go through the unnecessary hassle.

Get rid of all unnecessary expenses, cell phones, lacquer, cigarettes, cable tv, restaurants, and friends/girl friends that cost you money.