Some make the claim, I don't think it will be over the ltv based on the cost of acquisition and hard costs.

The claims are pretty bogus and I have documentation from the PM to dispute their claims.

I guess that's why I'm an executive assistant :)Obvious very different than a virtual assistant because I'm local and see my leader regularly...

I didn't let him know that I knew about the exemption, and I definitely used the regular taxes in my pro forma, and management numbers.

Such amounts are held by the state as dormant accounts for that individual and returned when/if claimed.

Is there anything I need to know in dealing with a trustee instead of a regular absentee owner?

After a while those LLC go out of business and they not claim the tax deed after 3 years.Furthermore they fail to pay taxes and therefore the land go to another tax sale.As far as understand, the tax lien certificate owner has to claim the property, the tax deed is not issued automatically.What happens in case of multiple tax lien certificates older than 3 years.Does the tax lien certificates expire?

. :)You'll to look at the period of time claimed stabilized cap rate, as to the current period.Frankly, you can ignore this as the investor's cap rate buying will be different than the seller's, it's nothing but marketing eye wash.

If you have a default in rent and words and/or actions indicating they have abandoned the property you can move in and claim an abandonment.

If you can claim the interest and depreciate the property, you may have enough to have a small surplus to dampen vacancy and maintenance.