If the tenant does neither, the landlord can file for eviction."

Since you are splitting profits, it sounds like you will need to file a partnership return and be issued a K1 with your share of the profits - however these profits will not be subject to SE tax for you personally.Additionally, any business expense you incur should be deducted as "UPE" or unreimbursed partnership expenses on Schedule E - that is only if you are filing a partnership return.

Not knowing how the other locations were performing they could have filed BK and we would have received long drawn out payments or possibly nothing at all.What I like about strip centers is the low per sq ft rents if you buy right.

I'm John Duffy, originally from the Seattle, WA area and move to AZ some 11 years ago.

If we give the tenant the First Right of refusal, does the tenant has the right to file a legal notice with the local courthouse, just like a "memoranodan" maybe?

I've been networking with Title Companies in Tucson, Arizona and am looking for an investor friendly title company that understands wholesaling and knows assignments and double closings.

The bank files foreclosure and all these websites scrape up the info from public records, or if desperate, might buy a list directly from the bank. 

I keep a paper-free office because I don't have the luxury of a file cabinet ( the Twins would have taken it apart ).  

Liens have to be filed and are usually pubic record.

Of course that would get my attention, as my license would be suspended until I repaid the bonding company,  then issued the county a new bond, which may be very difficult & expensive to get any company to write.The State of Arizona actually charges every contractor a fee of about $500/year, and runs their own fund that allows any customer to collect up to $30,000 for damages.