I think your best approach is to pretend you are the investor yourself, calculate build cost (mortgage with interest) + Maint / cap expenses/ management fees according to your zoning and then compare that to the average rent in that neighborhood.

I dont get wholesalers approaching me really on BP  I get the lenders like Chris is talking about and most of those are fake lenders trolling BP for victims.

Reaching out and asking about it gives them a chance to explain and shows that you’re approachable but serious about rent being paid in full.After that, check your lease agreement to see what it says about late or partial payments.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Our meetups are casual, conversational, and rather roundtable in approach.

Your best bet is to read information from public blogs that approach both options objectively.

What would be the right way to approach the bank about this, and who at the bank could void this term of the loan agreement? 

I’d be very grateful for any advice or recommendations on how best to approach these modifications.Also if I were to refinance in the future to pull out cash from the property, is this something that banks could refuse to lend on if I have code violations of lets say a wall that was moved or removed?

In areas like South DFW, challenges like limited inventory and high prices require creative approaches such as off-market deals, foreclosures, or properties needing updates.

If you go to court, there's some cost to that and you'd be risking more escalation if they sought counsel as well.My approach for problem tenants is just appease them if the cost is minor and then not renew the lease, or even cash-for-keys if necessary.