Unless of course the foreclosure is contested in court, in which case all hell can break lose.I know TX is a deed of trust state. 

The hottest in the country right now actually.

What part of the country do you buy in?

Census Bureau, mean Atlanta saw the third highest population gain of any metro in the country, behind Dallas and Houston respectively—cities with larger overall populations.

Any asset protection plan has to be tax neutral on its face to hold up in court and be seen as fraudulent.The federal death tax increased in 2000 from $675k per couple to $5,45M per couple.

This, specifically, is to be applauded in my opinion:To encourage more landlords and property managers to participate in the HCV Program, HUD’s new Landlord Task Force will host a number of forums across the country to engage directly with housing providers, specifically those who do not participate in the voucher program.

There's "hardship" appeals, that would give you a rent rise to just over neutral cashflow, that may be the best you can do.http://www.state.nj.us/dca/divisions/codes/publica...EDIT: Did some googling and ran across this sh*tshow of a court decision.

You being on the other side of the Country makes that an even bigger deal.Good luck!

We invested in what we’d define as an old mill old railroad type town of which there are countless in our part of the country.

When I bought the duplex, it was under joint ownership, and sold through a court appointed commissioner.