Zubair,Let me start from the beginning and walk you through your situation.First, You will be required by law to keep track of all expenses you incur while self employed.

You might be better off using an eviction service.They will be cheaper and go to court for you and handle the trashing out and serving of the eviction.You won't find an attorney getting dirty they will just shuffle papers and show up in court.In fact I have had judges rule against attorneys and enjoyed our cases much more as we were on the ball.Some attorneys feel "special" just because they hold a law license and are below par in their performance.I tell them the eviction is filed regardless of promise of payment.I tell them you can always pay at the court hearing and I can drop the case.If you don't you will get stories like I can pay you 600 and get caught up this week and then you hear stuff like I only have 300 because such and such happened.Then they get further and further behind.They need to pay me in full and go cold with the utilities,or do without internet,cell phone,cable..

I believe the reason the tax lien trumps the mortgage is because the states make the laws and the states want to sell the tax liens to get their cash flow.

I have read the laws but still confused about this topic.I would love to hear some input from fellow Michigan investors as well as anyone else that might be able to explain this to me.

If he defaults on his lease, leaves your place a wreck @ move-out, or he is just a problem tenant, you will have to evict him and/or file a law suit to collect for damages.

Has anyone one heard of a law that allows the appraisal management company up to 30 days to respond to a valuation rebuttal?

Check the intestate laws in your state.

Bo Wagner Harris Wagner Law [email protected]: 404-325-0291C: 404-630-2647He and his firm have done about 50 closings for me in the past few years.

Also, I do believe if the property is sold in excess of the delinquent taxes that excess funds by law go to the person losing the property.

I don't know TX law so I wont comment as to how it would be viewed, but I'm getting stuck on understanding why you need to use that structure.Are you looking for the quick profit, or long term cash flow?