when i rented my trailer out they usually brought me cash.

(c) A violation of this section:(1) is a false, misleading, or deceptive act or practice within the meaning of Section 17.46, Business & Commerce Code, and is actionable in a public or private suit brought under Subchapter E, Chapter 17, Business & Commerce Code; and(2) in addition to other rights or remedies provided by law, entitles the purchaser to cancel and rescind the executory contract and receive from the seller:(A) the return of all payments of any kind made to the seller under the contract; and(B) reimbursement for:(i) any payments the purchaser made to a taxing authority for the property; and(ii) the value of any improvements made to the property by the purchaser.

That brought us up to about 55k (about $1175).Then someone needed to borrow about 40k.

But, where I'm going with this is that, in doing some of our due diligence prior to our offer brought up the problem that the property owner owes about 9,000 in taxes, (~6.5k in city and ~2k in county) and he has already received notice that his property will be sold at a tax auction if he doesn't pay the taxes plus interest.

In the last 3 years most of our acquisitions have either been off-market deals brought to us by brokers, or deals that sold to other buyers - sometimes multiple times - but fell out of contract and we were eventually able to get it for the price we wanted.Andrew

I recently brought up REI in a group email with a bunch of friends and I had a lot more feedback than I was thinking I would.  

I clicked on forums and was brought back to the last sub group that I was in which was a success stories.

Will insurance cover you in the case of a claim being brought against you?

I doubt the street gang thing could be a possibility but I remember that as a warning being brought up for properties in high crime areas.

Funny to hear Ace being brought up, they used to be a client of mine back when hey were on an ERP system called Infor Syteline I work with!