* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?.

Thx for your feedback.Insurance will cover that.An LLC will protect you when there's a really large lawsuit for more than your insurance will cover, which is at least $300,000.

The money is still owed and the Courts are processing lawsuits for money. 

Expect a lawsuit coming from the tenant if you take the above actions.

If you have only a tax certificate, you must give written notice to vacate, and then wait 6 months before you can file your ejectment lawsuit. 

And as to who the "owner" is, that is another lawsuit I'm dealing with now (another Birmingham Income Properties scam).

As a small manager you may never be called out on this, but for me its one less thing to worry about and less fodder for potential law suits. 

Depending on the area, such lawsuits will probably cost at least $2500 when you factor in filing fees and publication fees.

He says he is involved in a lawsuit with his mortgage company for fraud.

Today, I got a phone call from the attorney that handled the wrongful death lawsuit that she had against her stepdads estate after he killed her mother.