So, that way I can slow roll out the raise in rents.I don't have the actual numbers off-hand, but our total Debt Service (PITI) is about $414 a month. 

Today I was at my Business Finance Course and we were talking about TAXES; my professor who shall remain nameless mentioned that "only ~1% of all taxes filed are ever audited" before he said that he was discussing tax deductions and how you can "tax deduct lawyer and attorney fees on business related expenses"(contract, legal and financial advice, etc.) 

You put the wrong tenant in and can have many,many months of lost rent and legal fees.Point number 6: You could still have the external leasing agents bring tenants.

I have bought a house in the city of Philadelphia July 2016, the recording happened on that time and it has been a year so far , I was selling the property but the buyer insisted on using certain title company which made all things complicated and asked about the notices were sent by the sheriff's office to the old owner, which I never had or received or even sent to me that the Sherrif's send a notice to the old owner.Philadelphia county law said if it is a vacant property the redemption period is nothing ( this property was vacant for 10 years) if the property was occupied it is 9 months from the sale ( usually becomes a year with the recording time ), which already also elapsed, the title company who was closing the deal refused closing and asked me to do A quiet title action or lawsuit , so the old owner or his hires won't have any rights or legally won't have any rights in the property, then I was about to file that but the City officials who are responsible for the court process advised me that this case will be complicated because I will have to find that old owner who does not have any rights legally now already and service him the court case or his hires if he is dead.I am seeking your advice on the matter, and if you know any title company that is aware of the right laws and will to close for me this deal with any buyer please help me Ehab T.

@Jeff Greenberg In your example about the 60k, what kind of debt was it? 

If it were me I'd either plan on moving,, or pay my rent to the court have rent put in escrow until repairs are made then court gives rent to owner,, it's the only legal way to stay in unit if landlord isn't doing repairs,, She must also put in writing to landlord repairs that need to be made..I'd take photos' of the issues.. 

So your debt is about 69% of value. 

Can I legally proceed with eviction (successfully) even though I have last month rent paid. 

However I am concerned about the legalities.  

Your Financial Goals are as simple as generating two very basic sets of number...dollars really:1)  Make enough Profit (lump sum returns) to Pay Off your personal debt...ALL of it.2)  Get enough CashFlow to "cover" your monthly bills...ALL of them...and to replace your current method of doing so.The overall Plan, is comprised of a series of Measureable Milestones made up of groups  of the individual Financial Goals (Debt Payoff, Cash Flow)...all lined up in a row.