My question is, once I take possession and have them sign a lease, should I need to evict them at a later date, will the courts treat it differently since they used to be the homeowner?

If rent is XX days late then ___________ (add your own lock, take possession, auction their belongings, etc.)5.

I believe in Wisconsin you can establish adverse possession (squatter's rights) after 20 years.  

Make an off subject to the existing financing - ask for a delayed settlement with right of possession - clean the place up - increase rents and flip it for a big profit.

No need for the money to sit in your bank account  Does the note need to go anywhere other than a copy in his possession and one in my possession?

Investment properties, autos, personal possessions, home, boat, etc. identify the risks you want to protect against and thevassets you want to protect and that will lead you in the right direction.

Hello bigger pockets,I have a tenant I'm evicting, if he moves out before the writ is done, does that mean I can take back possession of the house?

Depending on the state laws I would think that if he turned over possession you can get another tenant in their and have the old tenant sign a lease addendum stating that he no longer lives there.

I had given her 14 days in the selling contract before I take possession of the property, as I knew she would need money for a deposit that she did not have.

In some foreign countries, possession becomes absolute law.