Once the renovations are done, they will all enjoy a more sophisticated, modern and functional space, so the rents will be conducive with the market, but remain reasonable for the tenants and more opportunities to increase my revenue.

To obtain such strategies may require sophisticated computation, which are not familiar with general public or financial adviors.

(if they are IRS liens) Typically they won't disappear after death as that is the last chance the IRS has to collect those unpaid taxes.

Keep in mind that assessors normally only value real estate on one effective date each year and have to carry out other program objectives in addition to the collection of sales data.

Since this will be a low volume job that require a good response time, I assume that we will need some sort of national service that has the volume to manage what we are doing.The primary purpose of this post is to collect those service company's names, people's experience with them, or general strategies in solving this problem.With this information, we may change our stradegy.I will PM you though to start a dialog.

I would fear that they just went bankrupt and are informally collecting just enough cash to cut the grass and clear the snow.

Guess what if the tenant hire someone to fix it and say to guess what I don't own the fridge you need to collect from the landlord, and if you don't pay they sue you.Joe Gore

If they default or cause damages in excess of the security deposit, who do you collect from?

The law requires that financial institutions protect information collected about individuals; it does not apply to information collected in business or commercial activities."

Eventually, I'd probably want a property manager to handle everything and just collect a check, but I feel like as a new investor I need to have some experience to really know what I'm doing, and ultimately to have a comparison point in terms of value I'm getting for paying a property management company.