You want to pay hundreds of $ to form an LLC and hundreds of $ more to maintain the LLC to hold title to your property just so you won't have capital gains taxes withheld from the sale proceeds when you sell the property -- capital gains taxes that you will have to pay anyway when you file your tax returns?

Most county clerks maintain a website with property records that are often available to the public online for free.

Assuming 70%, there is only $28/unit/month left for a payment.If you were to get expenses under control, which largely means billing the tenants for utilities, while maintaining the current rents, it would be worth about $630K.

I'm sure it's only a matter of DAYS until I get the letter from the HOA about failure to maintain the yard....then what?

Do I need to pay those taxes in order to maintain the first position in a tax deed sale?

The LOI was FIVE pages long and a bunch of blank spaces like "buyer must maintain same financial net worth during loan and have X amount in liquid assets at all times.

If the person is a good tenant overall, keeping the apartment clean and maintained, I would try to find out what exactly is the problem.

Laminate flooring is cheap and easy to maintain.

Obama's true measure of fiscal responsibility will be if he can maintain a budget surplus vs. deficit and pay down the national debt....

It depends on how well you've maintained it the last few years.