Should I send half the bill to each or eat the cost.

@Bill Brandt:(.

:In PA, and in other states, auctions can mean different things.There are private auctions where I just choose to sell my home in an auction scenario (I actually think this is pretty common in Australia - maybe someone from Oz and chime in on that).Auctions can also refer to the compelled or forced sale of a property by the State/County for various reasons.I assume you are asking about the 2 most common forced sales - foreclosures (failure to pay your mortgage, bank sues and the Sherriff sells your home to satisfy the bank) and tax sales (failure to pay your taxes and the State/County sells your home to satisfy your tax bill).I have not participated in the PA foreclosure and tax sale business in 20 years, so things may have changed, but if someone here is more up to date maybe they can correct my answer with new info.Both types of sales have their own areas of risk that you need to educate yourself on.Value is a top issue - you need to know how much the home is really worth before you get into any of the below. 

Here in California property taxes are assessed and billed at the county level.

If the stone itself is in decent shape I would get one of these really powerful powerwashers they now have and clean it.

Your mind is the most powerful thing next to leveraging good people around you.

So I've never had to look into these issues.You can definitely have the tenants responsible for paying all utilities in Indiana; however, I believe the landlord/property owner is responsible for the sewer bill if the tenant does not pay it. 

The private money loan option will significantly reduce cash flow but would allow me to retain 100% ownership and decision making power.

As a broker my book is predominately more on the institutional side with power centers and grocery anchored centers.

Any bills where they can be attached to the house, it is easier if you pay them and factor those costs into the lease.