Chris, I don't want to give out specific names on a public forum, but it was sold to a buyer by an LLC as special warranty deed at the top of the bubble in 2006, and then quit claimed into a trust by that buyer a year later.

Also, maybe you should look into a good maintenance protection pan, this may cut down on some of your cost depending on the service call amount.

Thank you to all the vets for serving and protecting the rest of us!

Classified Ads in Newspapers – local paper, Pennysavers and local real estate publications (“For Sale by Owner”.)2.

So one can proactively go to the tax assessors' office in your city and do research to determine whether there is a lien or other negative report that would start a negotiation process this is public information -- superficial at first but then once trust is built  with a series of phone calls or visits -- request a "certified document on the first year status of the property in question and in relation to a tenant's payment history.

If you have a web site, you may want to have your policies publicly available.

2 important factors for a good rental property location is being close to public transportation and shopping.

All of this stems from the lender trying to avoid their own liability on the property and serves as a good layer of protection for you.As a tactic you can always ask when the borrower is moving out and don't close if they have property in the home.

Get it covered for replacement cost, that will protect you best, and shouldn't cost too much more than appraised value or depreciated value.

There might not be, however, a guarantee that they sell you the property so you will want something to protect you where they agree, as individuals and as heirs, to sell you the property at whatever price both parties agree to.