ILLEGAL I know but the new owner had to take him to court and pay to have the sprinklers put in. 

Then I have to try to find out if it's multi-tenant which is sometimes impossible and involves a bunch of Google searching with the address to see if multiple suite numbers show up or tenant names appear in Yelp, and occasionally finding it on the Property Tax website. 

Trustees are private attorneys who have an exclusive gig with the bankruptcy court.

It appears he is asking $30K less than he paid for it 5 years ago.

It appears based on your assumption of combined value you meet this criteria.

In Michigan, they need to be given a 'Notice to Quit' good for 7 days before proceeding with a court order. 

Of course evictions will be different across the board, but like I said, hit me with some firsthand experience of what you actually dealt with when having to go through the courts to have a tenant evicted, and if it was better or worse than other areas you've invested in.

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It appears you have a very low rate and it would be expensive to replace the debt at that interest rate. 

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