If it's a verbal tenancy, you have to show a practice of collecting rent that the tenant is no longer abiding by (or perhaps tenant shows up, and honestly states they were obligated to pay rent and haven't done so).When the eviction case is submitted, you give the tenants names, e-mail, phone, address.

They have the choice of finding their own insurance or they can be automatically enrolled in my master policy.

This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

Just a worthless piece of paper that validates a promise (legal obligation). 

Or you get the feeling the members think its an obligation to answer them with full details of how we make money in our business's, Like write their bizz plan for them. 

Discuss capital gains rates at various income levels with your CPA - their obligation may be lower than you think.

Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?

Knob and tube is very difficult to insure. 

The insurance payout also impacts your taxable gain.