Talk to your attorney, and if you dont have one, get one - as @Ken M. said, this is highly specific to the state and the circumstances.

To me that is requires major compliments, and the review I posted is not appropriate.They really are going above and beyond in this circumstance and its not fair to them to keep this post online just because I wasn't able to reach them and discuss this over the weekend right after new years.PLEASE reconsider taking the post down.

Who are great property managers in Atlanta you would recommend for my circumstance?  

The ones with a lot of votes seemed like good responses.This is another installment of holy war threads on BiggerPockets so I won't attempt to convince anyone that their perspective and unique circumstances are incorrect. 

But could be a great deal for you in the right circumstances.

@Karin RecaldeI've had to legalize circumstances you and @Gino Barbaro have stated.

The engineer should be able to advise on the best lot line outcome, especially if there are physical circumstances to consider, such as wetlands.

If/when the borrower defaults, they file the Deed in Lieu as a way to circumvent foreclosure regardless of what the borrower wants or the circumstances.

Hi @Brandon MorganI'm a little late to the party here, but whether or not to get an LLC is something many real estate investors consider, and it often depends on your specific goals and circumstances.

Quote from @Bruce Lynn: Quote from @Don Konipol: This is a story from my past that provides a perfect example as to why investing in tax liens at auction is so dangerous for any but the most experienced and knowledgable investorsGreat story....maybe not the exact same circumstances, but I see crazy stuff like this all the time.