You guys clearly saw that something was wrong.

Clearly the useful life of this tool requires me to expense the cost of the tool over several years.

If you have a $500 HOA lien and $2,300 in penalties that you paid off to own a property free and clear, even in Vegas that probably constitutes a killer deal.

Clear Capital, LRES, LPS, Core Logic are some of the big guys.

If its clearly been abandoned, rekey and move on.This is the advice from my lawyer here in CO.

I hope I am clear in my question and as always look forward to the helpful responses from BP members.

But it grosses about 16,500 per year and all expenses (no debt service as it's owned free and clear) are about 8,000.

Just need some pointers so I handle this situation correctlyI got a call from a lady wanting to sell her house.She thought it was free and clear except for delinquent taxs. $2000She will sign the deed over to me for$100.

If one wishes to carry back paper on an asset they own free and clear and later pledge the loan receivables as collateral for a new loan who would they normally contact to loan this money?

I tell tenants that pay partials I work with them as long as the late fee is paid and they are caught up in week 2 to 3.It's better for me than going a few months without rent and reconditioning the place.To be clear I DO NOT tell them it is okay to pay late each month NOR do I let the balance keep growing past what is owed for that current month.