You must file the lawsuit and then you must obtain the order.If you purchased a tax certificate under the old system (people bid up the purchase price) you are not allowed to cut the timber while you have only a tax certificate, which is the time period up to three years after the auction.

Ideally you make some money for your efforts and obtain a valuable education.  

The main hiccup and hinderance for obtaining a mortgage for an investment property in PR is that all files are manually underwritten and the title process can be slightly more intensive. 

Question for the masses: is it worth it or beneficial to obtain a real estate license while investing?

Wait patiently for the tenant to buy real estate, then record the judgment in the county where the property is located in order to obtain your lien -- the balance of which has been accruing interest nicely in the interim.Anything else is a waste of resources.

The challenge you will find with wholesale is that it's usually more advantageous to have boots on the ground, but again there may be programs to obtain leads without actually living here. 

@Martin YatesHere is the direct wording from DSCR guidelines about the situation, specifically regarding seasoning:"Properties obtained through inheritance or divorce are eligible immediately without ownership seasoning to use the appraised value for a cash out refinance." 

To obtain the limited liability protection, you really want everything under the LLC's name. 

Get them to front money to pay taxes to obtain this property.  

Saying there are three people living there when only one is on the lease is good to know, but hard to prove; getting video documentation of three people consistently entering/exiting the property substantially alleviates that difficulty.During your due diligence process, you probably obtained a copy of the existing tenant's lease to review.