How do you even know if things will work out?

Hopefully, the tenant takes the hint after today’s conversation, but if not, you’ve got a solid plan.Question: What is the difference between eviction and notice of non-renewal?   

Longterm I believe this will work out, but also can't provide a full picture after only holding for one year.  

What would be my best approach, I assume find a private lender and work out some deal with them.All questions and answers will help thank you.Normally the lender for the reverse mortgage will start a foreclosure.

@Jonathan Blanco, I'm and investor and a licensed mortgage broker so I've been on both sides of this conversation.I would look for a lender that (1) listens to you and understands your strategy and needs (hint: it's not always money), (2) has experience working with clients executing your strategy and brings more to the table than just cash - be it advice, relationships, deal-team partners, etc., (3) gives you viable options and explains the pros and cons of each option and (4) you enjoy interacting with - this should be a relationship, not a transaction.Once you find a few lenders like this (and you should have relationships with more than one), then you can start comparing rates and fees.

Start with a small one on the first couple to work out your system kinks.  

Halethorpe/Elkridge/Glen Burnie are good as well but your money definitely won't go quite as far as Dundalk and Essex as everyone has hinted about here.  

You operate in whatever city you work out of, which is fine. 

They could also just put a single entity that they remote bankrupt if doesn't work out or have early release of guarantee 3 to 5 years into the 10 to 20 year lease.

Let me know how things work out for you.