You need to know who has the legal right to dispose of the tenant's property.

Generally no prepayment penalty so you can effectively dispose of the loan at any time without incurring a fee.

I plan to negotiate the price down a bit , but I don't feel like I understand the current spreadsheets that I have at my disposal.

. - IT IS RECOMMENDED TO REMOVE/DISPOSE OF THE WASHER AND DRYER.

If me being pissed off & going off on someone is going to have a negative impact in my business like being a state away & getting fired by my agent / PM i'd fix the process to avoid the situation.You've got tools at your disposal.

A writ of execution may be needed (essentially a judgment) to "seize" the car before you can do anything else.Contact a local attorney that is familiar with the abandoned property laws in your area, discuss your options, and then go forward from there.Dave, you were correct.after several months of dealing with the MVA and local Town Court, I finally was able to narrow down the exact process on how to dispose or re-title this abandoned car:1) if you happen to know how to track down the last owner of the vehicle, send him/her a registered letter asking either to come to pick up the vehicle, or to sign the title over to you2) if you do not get a reply, call the police as suggested by @Dale Hensley .

BP is the "Bill Gates" of REI information and networking...so you have endless amounts of resources at your disposal.  

However, as a novice in this field, I'm seeking guidance from the experienced members of this forum.Background:Age: 31Business: Growing rapidly with substantial disposable income that isn't needed to grow or operate.

While IRR and MIRR calculations are easy to do in a spreadsheet program, they are not terribly useful decision tools for a buy and hold investor that never sells the property.Dave:Every investment will be disposed - either you will sell it, or your estate will.

The banks figured this out years ago and that's how they dispose of their REO inventory.