Keep in mind that to a bank (and the appraisers) they will appraise it at what they think they can sell it for if the property owner defaulted and was foreclosed on.  

Without a lease though, the default tenancy is usually month to month.

I honestly feel like they pass everything on me by default because they, like the tenants, think I am the one with the bigger pockets (see what I did there :) ).

In October 2011, Parks recorded a notice of default and election to sell.

Price them at affordable rate that build up as you have to take more actions, don't price them so high that they can't cover it, thus defaulting the minute they are late.Have plenty of terms on the exit to-do list by tenants so you can clean the deposit for small repairs, like HVAC unit serviced on exit..

But IMO one really big and under-represented risk is the potential of "strategic default" or "selective default" risk inherent in lending large amounts to REI investors.

I might just get to close and default on contract.

Based on buying defaulted first liens and having to foreclose in other states, I would not pay more than $50k for this in 95% of the country, if that much.

Hope this helps inform everyone and hopefully they can use it to further their investing career.Here is the link:http://www.leetc.com/docs/default-source/internal-documents/information-events/lee-county-clerk-of-courts-tax-deed-process.pdf?

I went to court and was advised to file a Request for Entry of Default and Proof of Service of mailing. 1) Do I file the Request for Entry of Default and mail later?