The hard part is realizing when its right to switch over.

Welcome to the party, Charese!

Not only can you have all the benefits previously mentioned but you can sell at a higher price than market when following a Lease Option with Owner Financing and you don't have to worry about third party approvals such an appraisal when selling with Owner Financing.What I've found in Texas, and don't know where to find in your state, is something that super charges my owner financed sales. 

If you want to foreclose on a tax certificate you have to pay off all other certificate holders.....and if the property has real value it will go 3rd party at the tax deed auction and you'll recover your costs. 

The hard part is finding buyers willing to participate in a 90 fishing expedition while the listing agent tries to figure out what the bank is going to take for the property.

Where they do go is dealing fairly, reasonably, both parties being reasonably informed, neither party is dealing from an undue disadvantage, or where one party may coerce another into doing something a reasonable person would not do.

The eviction will name all the parties on the lease (including you) as well as all others known and unknown to reside in the unit.

In addition, you may want to contact a board member/attend a board meeting and ask about future plans, ask the last time the reserve fund has been evaluated by a third party (there are regulated ratios that must be maintained). 

Again, no sense of urgency on their part. I

., the court found that in determining unconscionability, the trial judge may consider: 1) the amount of the proposed rent increase; 2) the landlord’s expenses and profitability; 3) how the existing and proposed rent compare to rents charged at similar rental properties in the geographic area; 4) the relative bargaining position of the parties; and 5) based on the judge’s general knowledge, whether the rent increase would shock the conscience of a reasonable person.In my opinion if you're basing the increase on market conditions and not on trying to take advantage of anyone or increase the rent as a way to eliminate a tenant you'll probably be fine.