Since you inherited the situation, you should consider increasing the rent to at a bare minimum "fair market" and just a bit higher after the subsequent renewal.

Also, if the entire account balance of a Roth IRA is distributed and the IRA owner later makes contributions to a Roth IRA, the five-year period for qualified distributions does not start over with the subsequent contribution.

This guy tells you that he'd "take care" of someone and, subsequently, the person ends up dead tells me this dude has connections.

Also keep in mind that your response and close rates will grow exponentially after subsequent mailings.

The exterminator might have solved the problem, and the tenant then subsequently brought in the new infestation.

The City subsequently changed its ordinance but the Court ruled that it was too late in this particular case and the Plaintiff prevailed--basically because the ordinance was previously incorrect at the time of the Plaintiff's suit. 

In both of your scenarios above, the 10% preferred annual return is cumulative, meaning if there is not enough profit for distribution in any year to reach 10% annual return, then the balance is carried forward to subsequent years until it is paid, correct?

Real estate values have declined over the last several years, subsequently assessed value have also declined.

He subsequently hired a contractor, who got the appropriate permit(s), and started work on the house.

In most counties (Not Maricopa though) the lien holder is offered the subsequent taxes first.