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. 

But one thing we must consider and no one is talking about... if there is a price constriction in the bay area there can be a price constriction in ANY of the other cash flow markets.My first foray into HML in Detroit the homes were appraising at  120 to 140k in 2002.. we loaned 60% on  HML... those homes dropped in some cases to worthless in 10 years. and then as investors came back on the scene maybe get back to 20 to 50k.. now I know your point is going to be that's Detroit Jobs etc.I also was loaning in Atlanta one of the largest economies in the US... same numbers 120 to 160k nice homes 5 to 20 years old.. when they cratered they got down to 20 to 40k..

I searched the forums and found similar discussions about relocating and subsequently getting bank relationships back up to speed in a new area.

The affidavit of a person knowledgeable of the facts to the effect that notice was given is prima facie evidence of notice in an action involving a subsequent bona fide purchaser for value if the purchaser is not in possession of the real property and if the stated time to avoid the forfeiture has expired.