To appeal, the tenant has to pay the court the entirety of the money due, which the court will hold for you until the resolution of the proceedings. 

Now that they are aware, they immediately reached out to me to come to a resolution. 

Most have a primary and then back up credit bureau for outages or customer credit report disputes.

DetailsPrice $80k (ARV $125k)Repairs needed $15k$12k down, Owner finance $68k 20 year fixed at 5.5%Insurance $1200 annuallyTaxes $1671 (Overvalued on tax assessment, I may dispute)Rent $1200PITI = $707CapEx = $120 (10%)Vacancy = $60 (5%, I typically run lower than that in my multi-families)Management = $50 (what I pay on my other units)Monthly Cashflow Estimate= $293It's a pretty minor renovation compared to my last few and it's within 5 minutes of my house, that combined with the owner financing make it more attractive to me than it might otherwise be. 

If they dispute it they have 30 days to respond to the letter.

My title company is happy with that resolution. 

The tenant didn't show to the hearing and I won but having a tenant do work gives them the opportunity to dispute the amount of rent owed which can screw up your case.A $200 fee for posting a notice won't stand up in court and will make you look really bad to the judge.  

Voided tax sale.Redemption.Failed redemption attempt and salty ex-owner starts slandering your good name.Arson.Sewer liens.Repair bills that exceeds what you are willing to invest.Squatters.Stalkers.Bunch of broke people begging to rent.Property line disputes with neighbors who took advantage of the distressed property.Having to drag out getting a quit claim deed due to a family feud. 

Even if you aren't required to provide this letter, it is in your best interests to do so as it will help protect you later if there is a dispute as to anything that occurred in the past.  

-> http://www.investopedia.com/terms/n/noi.asp P.S.Seems like you guys came to a nice resolution, hope I'm not causing any more confusion on this topic.