A colleague of mine mine thinks that since the property should be considered to be abandoned  since there is a statement on the door and has been under their control for over a year.

Remember you don't have to own a property to control it.Good LuckPaul

They control the communication with attorneys and there is quite a lot the tenants owe. 

It is all about your SEO skills, credibility score, website speed yada yada yada.There are some basics I have no control over.

When you are talking about a low cost SF home, it becomes easy to burn your year's worth of profits just traveling to provide some occasional quality control.   

(totally fixable,  but see point 1)5)   Increasingly complex, risky, and punitive seattle rental regulation ordinances already on the books6)   Winter Rent Control is coming.   

@Haven Latimer Typically FSBOs are people who dont want to pay a realtor for some reason (ie: they are an investor, they are too cheap to pay a realtor, they want to have complete control over the process etc) .

The counter argument is lower rent properties are typically Class C/D and do require more labor for maintenance and tenant control. 

You can absolutely run afoul of securities laws if NOT done correctly... that said, there are always funders out there looking for more business who are licensed themselves and regularly pay people for referrals whereby THE FUNDER orchestrates and controls the note transaction properly while the referral agent stays outside the transaction.The big key for a new note person looking to break in should, I think, go this route by concentrating on the MARKETING end, seeking out and finding private note sellers.

The condition was fair but the backyard & pool was out of control.