I understand what you're saying, but unless you something in your deed/title transferring you a structure, that is on land you don't own, I don't think the fact the county is assessing you for it, gives you ownership.  

We own 3 condos that were converted from a triplex to condos during our ownership.

So I will be acquiring a property with a delinquent tenant who has lived there for years with permission, paid very little rent, but made improvements, and who is going to put up one hell of a fight when I show up and inform him the party is over.The owner has handed me the deed and told me to do whatever I need to do to transfer ownership and then take it from there.What steps are required to take over this property and evict this person while respecting his rights and protecting myself?

I went a period here after the bubble  without ownership of property and have just closed on my 4th deal ever and my first property since after the collapse. 

Commercial market is a more logical market (not so much now, but generally speaking), which means that everyone understands, expects, and prices CapEx into the ownership costs.

And when it comes to getting ownership of the property, it's only after going through many steps - publication notices, court hearings, etc.There are opportunities, but you need to know the rules. 

What do I need provide the tenant to tell them of the change in ownership, lease transfer and security deposit transfer.

Personally, if I were to assume ownership of a rental property tomorrow, I would do a criminal background check, employment verification and determine whether or not the potential tenant(s) have ever been evicted.

My Wife has been helping quite a bit with paper work and other aspects of the business and my mother in law wants her as an owner on the operating agreement.Is it right and fair for my Wife and I to be 50% ownership since we are one in the same and mother in law to be 50% or should we all be 1/3rd ?

The results of this review will be considered by the committee when finalizing the LREC's strategic plan.Louisiana licensing law provides that a license is not required for any person or corporation who, individually or through an employee or representative, performs acts of ownership with reference to property they own.