Ft built in 1983 and the asking price is 135KMonthly Rents: $ 2,475  Annual Rents $ 29,700 Annual Vacancy 4.0% $ (1,188)  Annual Expenses 55.3% $ (16,418)  New Taxes 1.25% $ (1,682) Annual Mortgage Payments $ (6,338) this is a unit in a condo, the condo complex has tennis courts, swimming pool, community laundry room, and security gate (i'm workign on the comps with a realtor)Does that look like an attractive deal finacially?

-use a note collection company like www.notecollection.com-get on the original insurance as a loss payee`````````````````````````````````````````When you give an option to a renter, many court judges look at that as a financing arrangement, and California is a pro tenant state.  

It keeps the developer from placing $400,000 of material liens by financing materials instead of paying for them from loan proceeds and squandering those funds through subcontractors.

But if they don't you have taken the first step that would lead you to file a formal eviction proceeding.

Seek legal advice before proceeding.

Non-bank mortgage servicing companies specialize in the following servicing functions: Calculating, collecting, and transmitting a mortgage loan borrower’s principal and interest payments; Managing mortgage escrow accounts; Collecting insurance claims; Distributing servicing advances; Managing delinquent mortgage loans; Assessing loans for modification and other loss mitigation activities; Overseeing foreclosure proceedings; and Managing and/or facilitating the sale of real estate owned (REO) following foreclosure.

He probably would do better to sell them on the MLS and re-deploying the proceeds. 

I would join Legal Shield and speak to a real estate attorney about how to proceed.

Seller shall be under no obligation to (A) remove any title exception (B) bring any action or proceeding or bear any expense in order to enable Seller to convey title to the Property in accordance with this Agreement or (C) otherwise make the title to the Property insurable.

You will be doing him a mental healt service and your self a service by insisting on a cleaning service Please keep us updated as to how you are proceeding on handling this because this  is not an unusual problem and we all can profit from your experience