Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

See an attorney, one experienced in financing and foreclosure issues.Jynell, totally agree as to litigation increasing in the future, it may get as popular as personal injury law but may not be as lucrative in serious matters. :)

But you're right, the numbers are very tight and prop taxes in my neck of the woods are around 2.5%.

@Luke Gronski  Welcome to Asheville Luke (when you get here :+)  What brings you and your wife to this neck of the woods? 

State and Federal regulations play a big part. along with access to Mills and fiber plants.I have never really delved deeply into East coast or deep south timberlands.. just know my neck of the woods here in Oregon and WA.. and I have logged in N.

I believe this works best on a cash basis when you are first starting out, because you can make mistakes and not be bankrupted, i.e. you don't have a lender breathing down your neck.

That's awesome to see your in my neck of the woods.

The difference is basically did you know about a problem that lead to some injury. 

I think I need to object to the idea on philosophical grounds.When you extract a late fee it's because the tenant has caused you legal injury because if their failure to pay on time.

This product would eliminate any disposal-related calls, save on water, alleviate any tenant injuries, and would help keep food out of the lines.