I'd love to learn more about tax liens and investing out of state, so I'll look for posts about those topics.Additional Bio info:  I'm also an MBA from UCI and a CA notary public.

In many cases just getting an umbrella policy is cheaper and easier to do if liability protection is your goal.

I will share some of the information in the public forum as well since several people showed interest.

They apologized and we haven't had an issue since (2 months).I'm actually listing my college place duplex for sale right now, would rather move to my local town where I can better see and protect my assets and manage the manager... another red-flag, is it normal for a property manager to demand remaining management "commission" upon sale?

I just haul it to the dump and tell them to sue me if they don't like it.. because I have all my fancy trusts series LLC and other asset protection set up so no one can get a judgement from me anyway.I would think there is not enough storage units to go around if every actually stored this junk.. and or this is a nichestart a haul off storage for landlords and PMs  one call does it all.. haul it to your storage charge the landlord the haul off and the storage.. that seems like a nice additional profit center for an enterprising PM company .. and your just following the letter of the law which as a broker you probably have to do .. me I don't care I can hold my own against a dead beat tenant..  

First of all, thank you for clicking on this thread, there are a million of them out there and I promise not to waste your time.So here is the scenario:Multi-Family property (4 units) - Listed @ $205,000, on market 65 days.Estimated Acquisition: $195,000Realistic rent: $3000/mo ($750/unit)Property Taxes/yr: $5200Insurance/yr: $2400Planned Maintenance/yr: $1200Estimate Vacancy: 5%Down Payment: 25%Management Fee: 8%I have just recently gotten into the concept of REI and I've read all of the forums, blogs, etc. of investors having a hard time trying to find a good deal in the Houston area market, and I found this property quickly, in a public method of discovery with very little effort in about 45 minutes of searching. 

Oklahoma has a school system that is on the brink of complete failure and with it's current political realm and laws protecting change unless 75% of house members pass a bill, they are in deep deep trouble.

It's a seemingly small difference, and maybe doesn't really work, but just curious if it looks like craziness or a reasonable deal.Also, I don't know, how one manages a default in the contract language (not that we will, but I'd want to protect both sides)?

You have some other options on price , you can pre buy , get price protection .  

A special warranty deed does transfer property, but does not offer the same protectIon as a general warranty.