Other investments will either be not liquid or run the risk of losing the principle in the short term.

I suppose a lot of that is a personal decision, but I don't know if i'm sitting on a "good rental" since I've locked in a lower tax assessment then usual for my town (believe it or not) and 8 years into principle in the mortgage, or if this is a "losing deal" vs the cash I should get.

I am losing money as this house is not finish yet.

Our family loves great restaurants, entertainment, etc. and would find it difficult to lose access to that.No state income tax states get major bonus pointsWe love the outdoors. 

I guess if we are talking about situations where one is not making some of their payments, or unable to - then wouldn't it follow that an owner should ensure they are making their payments on their 50% leveraged property as they have more to lose in having it taken?

Statistically, if we just pay it our expectation value is to lose $100.If we venture into the grey area and don't pay it our expectation value is to lose {[$100 PLUS penalties and interest] TIMES [probability of having to pay it]}If our penalties and interest run 25% total, then we are looking at {[$100 + $25] X [probability of having to pay it].

I'm honestly surprised that you seem so lackadaisical about this.Tip 2: Don't buy low-income, Section 8 rentals if you are a novice.Tip 3: Don't fool around with evictions if you are a novice or you'll end up with a lot of stress and losing a lot of time and money.

The seller is going to lose his $10k either way unless he does some "hiding" of the funds which still may not work in his favor.If he doesn't have title to the property, you won't be able to get it sold.

.$140k (70% of ARV) - $44k (Repairs Needed) - $8k (Wholesale Profit) = $88k (Max Offer)WARNING: If you blindly contract properties without taking into account the profit for you flipper (or rental owner) you will lose quick.

There are bits and pieces of RE statutes written into the UT code that will kick in, but only if a contract does not address whatever item / situation you're dealing with - a contract may override a state statute (emphasis on "may").