As a result, they county will exercise their right to levy a lien on the property and then the county may even confiscate the property if non-payment of taxes continues.Now keep in mind that when a county seizes the property, the county does not actually want the property.

I wanted to reach out and share some insights regarding property management tools, especially since you're looking to set the foundation for your operations in this new venture.Transitioning from spreadsheets to dedicated property management software can significantly enhance efficiency.

When you exercise, you lease their unit back to them.

As a general rule, any item that is an improvement to the property (new windows, roof, sidewalk) would be capitalized and items that are more short term in nature would be expensed (plumbing or HVAC repairs, paint, etc).Of course, there are times when plumbing, HVAC or paint might be appropriately capitalized so this is where some judgement must be exercised.

This process worked for me 1 year ago on a rental i owned and had boarded the property for 2 months prior to the squatter breaking into my property...no courts involved, just exercising current law.

The best part of this is each sponsor has a different style, which further enhances and acclerates your learning.

It's a long term business building exercise but very worth it.

This is assuming you bring added value and enhance the management of the property.

I'm not looking to act on any of these, this is an exercise to help me get better to recognize opportunities or pitfalls when I am ready.Long-term plan would be to move out in a few years, rent at market price, and keep the (hopefully cashflowing) property.1. 6414 Benvenue Ave, OaklandPro: great location, close to Bart, potential for ADU in the garageCons: Long commute for me, priced too low?

I also believe what is described, no matter how you alter the description, or even by adding a lock off, doesn't meet that definition.I doubt this would be covered under an owner's title policy unless it's an enhanced policy or if there was a notice of violation recorded in the public records but it never hurst to file a claim with the title insurer.