At the time of selling, for what ever price I sell it at I return her $35,000 that she invested and again I get to keep the rest.It sounds like a win-win situation.

I don't think he would try and if so I don't think he could win.

The question is people that are predators usually do not have a nickel to their name and want to use an attorney on a pro bono (free until money is won) basis.The attorney will not take the free case and allocate their time if they believe they cannot get the insurance company to pay some money to go away or they will lose in court with a weak case.If you have someone that already has a bunch of money and is not thinking straight of course many attorneys will take their money and file knowing their client cannot win.So suing,winning damages in court,and COLLECTING MONEY from those damages are 3 totally separate things.What court does is suck away time and money and takes away from your productivity in business.You would want an LLC or otherwise just for an extra layer of protection and for tax purposes and business write offs.Your brokerage E and O you would need to look up maximum coverage,deductible,and exclusions in the policy.No legal advice

As a landlord you know who wins in the long run.

Originally posted by Kanku Livae:Note: In tax liens and tax deed investing, there are only two outcomesActually, there is a much more common third outcome; some newbie investor thinks they're going to 'get rich quick' down at the tax lien sale, checks the physical address, bids on it, wins, then finds out they should have check the APN because the physical addresses are notoriously wrong and instead of that 3 bed 2 bath house they thought they were getting, they purchased some garbage lot with a public utility easement right down the middle.

He wanted $50K min.offer.I check around and found 5 simular 2/1 between 885sqft-1210sqft properties that are w/in 5miles of the subject property.

It's a stellar deal, so find that win-win combination and make it happen.Mike P.

That potential option is now off the table, so I would like to sell it and reinvest in a property with positive cash flow.So, I'm looking for a win-win solution here.

You can still win, but the judge will likely give the tenant more time to act than you would expect. 

A corporate entity doesn't help you win a lawsuit, it helps you limit your liability if you lose.