Go further in property and casualty will give you some great insight to legal issues, negligence and real estate risks. :)

-property tax-insurance-vacancy-property management-maintenance-capital repairs-legals and accounting.From the remaining 50% you service your debt, if any, and the remaining is your profit.

All counties have adjudicated news papers, the papers approved for placing/publishing legal notices (foreclosures, court cases, business sales or transfers....anything requiring legal notice publication).  

Is that legal under the SAFE Act?

The most common complaint I hear from new accounts that fired their last PM - lack of communication.

I always advise owners and managers to consult with an attorney who specializes in premises liability and landlord-tenant law.If you keep the tub, you should have specific clauses written into the rental agreement as an addendum.You absolutely must provide the tenant an owner's manual because the first five or six pages are full of all the legal warnings that keep the tub manufacturer out of lawsuits (Consult a physician before use, Don't consume alcohol, Don't use alone, No unsupervised children, etc.)Bottom line: If it needs work, have it done by a licensed, bonded and insured electrician and/or spa technician.

Then they may come after you for the deficiency which will include the principle, accrued interest, force placed insurance, property taxes, legal fees, etc.

You might have legal grounds to break it but they're gonna fight it and its going to make it not worth it.

I don't know where to start in regards of legal paperwork, whos name the property will be in, etc.

I would try to get a copy of the recorded mortgage for the one in front, to see if the legal description in that mortgage includes that back lot too.