At the end of the day, if it all works out, there will be no additional income shown on your tax return, you'll only be reporting the transaction for informational purposes and to prevent a notice.

The problem of course is that we already paid off the county so I'm not sure what would prevent MDH from simply redeeming the lien and then we're in the same position. 

I think it's a shame that fear of litigation often prevents consumers from sharing information with each other.

There are a few stains but are probably removable by professional carpet cleaner. 

We just had a giant lawsuit that showed how difficult it was to negotiate the fees, and the steps realtors took to prevent buyers from easily doing so.

Moisture in ceiling; subfloor damage.Moisture in ceiling; staining and previous repairs.Moisture in baseboard and floor.Moisture in ceiling; staining.Moisture in ceiling.Roof replacement; address moisture and leaks.Exterior inspection; identify and fix moisture sources.Fix moisture damage.Electrical system overhaul; ensure safety and compliance.Temporary housing costs for tenants during repairs.

Please note: some mortgages may have language that prevents this or requires additional hoops to jump through, I would suggest you contact your lender and understand each of the mortgages you have as to where they stand on ownership transfer. 

Best way to prevent: select better tenants...yes that is not always the case but it helps.$2.5K additional lost rent due to 4 month instead of 2 month property turnLoss rent on Small Multi-Family properties minimal unless you had to evict.  

Unfortunately, some Board members are creating friction and preventing the process from starting. 

I have yet to have a BP poster explain to me why a Wyoming LLC as opposed to an LLC in the state where the property is located will prevent a plaintiffs attorney from filing a claim against the whomever is listed on title when a premises liability issue arises amongst other common real estate investor/landlord claims.