And above all just remember that even though the investments you are looking at are super duper cheap, you can still lose money on them if you buy them wrong.

So, let is lose the lawsuit and let it go "belly up."

Current owner of a property is behind on taxes and losing the property at the end of June and current owner has no interest in paying the taxes and is letting the property go.

You get the benefit of no turnover but you're paying for it by losing a ton of money.Here's what I use:LEASE RENEWAL: With Landlord approval, Tenant has the option to renew for an additional 12-month period with an automatic rent increase of 3% or to extend on a month-to-month basis with a 25% increase to the monthly rent.

The question you should start with is, am I comfortable with X amount I can lose if someone sues me from this property. 

Am I comfortable with the risk of doing it wrong or losing money for me and potentially other partners?

For me, I often lose sight of the marathon, wanting/wishing I had the intuition of a veteran already.

She was telling me that because of these two situations she is unable to sell the property without paying large fees and losing money. 

People are putting in offers $130k over ask in my area in Park Slope Brooklyn, and losing!

2) the owner has no control over a tenant “being current”...I’d lose that.