The reason I ask is if there has been significant appreciation, she may want to retain title in the property so that you and the other grandchildren get what is called a step up in basis.

Selling process of the tax delinquent properties varies depending on the taxing municipality .Some municipalities will hold some type of public sale while others may retain the property for municipality use.

@Michael NugentIf you put the properties into a LLC(Single member) you will retain the suspended passive activity losses that you accumulated over the years.

And learn at my own pace which is key for me to retain education and become the best I can be. 

If the Applicant is approved for occupancy but fails to sign a Lease or take possession of the property within 30 days from the date the holding fee is deposited by landlord, $500 of the Holding Fee shall be retained by Landlord as liquidated damages.Applicant acknowledges that the Holding Fee is NOT a security deposit.

I’m curious, are you retaining a lawyer to assist in your case?

It's most like the old double closing A-B, B-C in RE, but B can retain part of the rights of the note holder.

., and (3.) choose to rent quickly to the first person with $$$, rather than take their time to select the most qualified candidate even if it means having a lengthy vacancy.If you choose to self manage, you will need to know the landlord tenant laws in whatever jurisdiction you choose to invest, and have the backbone for this; otherwise, research and hire a top-notch management company to do this for you.I personally choose to self manage (small portfolio) and keep a stellar eviction attorney on retainer for all the reasons @Greg Scott mentioned.Good luck!

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

I'm not sure of the structural integrity of the retaining wall below that holds the soil level for the entire lot.