Do you have so much faith in the ppl you do business with??

We had always wanted a stick built home and we decided to take a leap of faith and make this home a rental.

Due to personal faith based reason, I prefer to only invest in all cash deals that don't involve traditional financing (so typical passive RE options like syndications, RE funds with fixed returns, REITs etc are not a viable option for me). 

As in real cash backed by the full faith and credit of the United States government, however shaky that may seem ;)

I still have faith that using leverage in the multifamily space is a safe bet.

Since you've already covered three treatments, you could offer a good-faith rent concession (e.g., a one-time reduction) without admitting fault, which might maintain a positive relationship with the tenants while protecting your interests.

Bring me a signed contract with good faith check from  your buyer and I’ll look it over.

It's more of the lack of control and having complete faith in someone else...

This way, you’re showing good faith, and it helps avoid any complications.When it comes to your planned steps, the notice to pay is a good idea to document what’s owed.

Given a real alternative, yes, I have upmost faith all too many would love to join the group in taking a hatchet to Uncle Sam's knees.