Similar story - they’ve never missed a payment.I invested in their Alt coin operation that turns 24% annually.I still can’t help but think it’s a Ponzi scheme.  

It does seem like I was thinking about it wrong.

And hopefully I get older, richer, enjoy life a little more without thinking about how much money we could be getting if the place was rented instead of us staying. 

STuart as I think through this and folks I know in our business.

Think of them like quazi employment agencies. 

I think you should also confirm to them what lease renewal terms you are offering them so they can make an informed decision.If you make the repairs, you'll create some goodwill with the tenant and they will be more likely to renew.

You need to think of that before it comes up (I know this the hard way...because I forgot).

In my opinion, this is a huge barrier for many new investors- they think they understand value better than a seller might and they try to convince someone their property is worth less than the seller believes it to be- that's a rookie mistake.

I think my own research says that I cannot reap the benefit because you would have to have put the property into a fund upon purchase.   

I am unsure how you think this can recover a negative equity position any time soon.