You need to remember when we lease a property, we give up the Right of Possession to the tenant until such time it is given back voluntarily by the tenant or involuntarily by the court following all legal procedures.

In 2011 I bought 5 first lien notes, all of which had seconds on them and all of them failed to be redeemed, so I successfully got possession of the houses.2 of those houses I negotiated with the owners to remain as tenants who to date have never been late on a payment. 1 house was vacant, I filed an affidavit of abandonment and took possession in 30 days instead of waiting for the 6 month redemption period in MI to expire (not sure if the abandonment provision applies to purchasers at sheriff sale, but the risk worked out for me).

At this point, even if the driveway is almost completely on your lot, you would lose a adverse possession lawsuit.

In Cook County it can take a year or more for an eviction.If the property was vacant it can still take several months after auction just to receive the deed and gain possession in Cook County.

But it is ample time to gain possession and get it re-rented.

The roommate did leave, but left all his possessions behind, including family heirlooms.

take the money.....possession, as they say, is 9/10ths of the law.

(present NOI was $100,000 if you were wondering) An added bonus on that one is that once we put all the pieces back together on humpty-dumpty, this park may attract institutional money due to the desirable characteristics it possesses.  

Haynes - I'd like to buy your real estate that has a code violationHello - excuse the intrusion - I am interested in making money off of your property - will you sell it to me for nothing down, take back some owner financing and give me immediate possession with a delayed settlement?

Could be a case of adverse possession.