And yes, all paper work was in play.

(These numbers are extremely simple, but it makes the case)2.)

We use LLCs since they are relatively simple and the lowest cost entity to create both from a legal standpoint as well as state registration fees.

I live in Bloomington and am looking at mutlis in Minneapolis for the simple reason that the population is high in those areas and will stay high.

A super easy easy paper to digital solution is something like efax.I use MyFax, and for about $3/mo, I convert all I want.  

No worry about that lien.I think what Adrien is referring to is an IRS lien as opposed to a property tax lien which is what I assume you are talking about.I get the sense you are new and don't know how to proceed regardless of the lien. so in simple termsEvaluate the property, how  much is it worth in it's current condition?

I don't want to give the impression your Realtor is doing anything wrong, I'm just saying do enough homework that you are educated in the process before you sign papers.

Reminds me of "laminate wood" people use the term like there is such a thing every day.The hardest properties to manage, in "war zones" have the highest rates of return on paper.

Both approaches will require going through all the title paper work on each of my properties.However, one bank in north texas is open to a discussion of opening a line of credit on the properties as collateral whereby they would have a lien on my properties (which I currently hold free and clear).

My usual analysis is a simple NOI, market trend graphs of the neighborhood in comparison to the overall market in the city, comps, and some other documents depending on the potential purchase.