Not being chicken little here but I've heard of one occasion where a disgruntled & mentally ill tenant went to a landlords house and...ahem....did some damage let's just say....because they knew where they lived.

Its not a hype session, its an honest to god technical manual about how to do business in commercial real estate effectively.

Four years experience as a management professional with the capability of directing an effective operation through the application of experience in policy determination, planning, organizing, administration, and staff development.

I provide these extra comments.In PA it is actually handled by the Sheriff (technically, by his office staff).I have not seen a lender do as Wheatie suggests above, but the effect is the same.

Effectively, he won the auction for $30K, and he (the auction winner) paid himself (the lienholder) the $30K.

I can appreciate the effects of visual deterrence.

Effectively nothing after you pay off the loan.

More damage was done than that.

I would also assume property damage is at least equal or higher than comparable units however couldn't the leases have the Parents of the renters be liable for any damages their little darlings would inflict?

Every time I've bought or sold with tenants in the building the security deposit is passed at closing and accounted for by the seller (poc) and the terms of the lease are in effect.