[quote=ibjames]the tenants getting kicked out freaks me out, how can you protect yourself from that?
buy a sub to foreclosure.com and keep track of nods to make sure your address doesn’t show up?[/quote]
Ask your LL how long they have owned the property before you rent. Anyone who bought in 2003-2005 is someone who you need to watch out for. Not saying dont rent the house cause of it, just take more precausions, like dataA’s idea. If they say since the 1970’s, it is unlikely that they are gonna screw you. (they coulda refinanced and be introuble, so you are not in the clear)
Also, look up the property taxes. Somone stiffing the bank isnt gonna be paying the property taxes either.