Ben -Even after 90 days, you'll likely need to face the same requirements.

Not sure also how many water bills and weed cutting assessments he will be faced with.

I had a bald-faced hornet's nest attached to a tree and the removal was DIY, based on a youtube video.

It's funny that it will all catch up to them in the end.Yest, but your mortgage specifically states the consequences of not paying back your debt - you lose your collateral, ruin your credit rating, and possibly face a deficiency judgement for the balance.

Hi All BP-ers,My name is Jacob and I am currently doing research on making propertymanagement/investing more fun, productive and profitable.As a PM/Investor/Agent what are the biggest problems you face on a day-to-day basis?

If you are holding less than a year you would get hit with short term gains.If you hold for a years time you would get hit with long term capital gains.If you defer the gains with a 1031 after holding a year and selling to the city then you will not pay anything if done correctly.While there is no rule on 1031's case law and 1031 companies site 1 year as being safe to do a 1031.Anything less than that and the IRS has been challenging you are holding for resale purposes and not investment purposes.Simply have the city purchase after your 1st year of ownership is up if you want to avoid the gains taxes and do a 1031.

Not even sure how he could argue/justify that with a straight face.

I don't know Dale, but I've seen enough of his posts to know that he didn't mean anything disparaging by his reply....but such is the unseen face of any internet forum...I can assure you that he was just making a blanket reply not knowing what you were looking for or what specific area you were looking for leads for.There are people that will try to put a clown costume on and go to the closest intersection to get leads, but others that only market specific ways.

Watch them challenge the foreclosure, claim you sold them the house above market value, and go after that down payment.

All those lazy retirees, students, single moms and all those sick or handicaped/physically challenged people, where di they come from and why are they even here?