got a question. lets say you purchase a tax lien, and before the property is redeemed or you acquire it thru quiet title, what happens if the house is burned down or damaged by the current owner or someone else??

Attorney bills, expert witness fees, damages...

Obviously, there is the potential that everything goes well with sharing, until one tenant accuses the other of stealing or damaging something, and then you have a problem on your hands.

What if one tenant or the other is not physically or mentally capable to do the task?

We see some small moles issue and water damage on walls and windows.

Tenants should not be causing intentional damage to the property.

But many times there is something you can do to improve the process so that you can minimize your damages.

Tenants are obligated to follow all rules of the lease so if they are causing damage or problems and it violates the lease - you can evict them like any other tenant or notify them of the violation and many times they will promptly comply since they risk loosing their section 8 assistance.

A few bucks can fix that I just never got around to it" Based on that representation the buyer closes.Next rain fall there is 2" of water in the living room a causes damage to personal property.Now comes the second reason people use disclosure and wrongfully so.The buyer calls the listing agent and raises heck that the seller lied to him and the agent says "well, sorry, not my fault, it was disclosed to you that the roof leaked and it's on you to determine the extent of damage or work required, you bought it that way!

You can recover damages as provided by law.