and as long as I keep bringing business, and do things ethically and morally she doesn't see a problemAGAIN it all depends on your firm and person RUNNING the office!

It doesn't mean they're a terrible investment for everyone, but they aren't the best options for all and a little moral hazard can arise when someone can earn more money by selling you one over another option that might pay them less. 

Here's the story as it pertains to a friend of mine.

He moved into a home, with a lease to own option.

He put a significant amount of money down on the home.

The current mortage holder, who does not live in the hom...

Chase bank where I have my accounts will hold the cashiers check for so many days before crediting it.I wouldn't let any tenant move in until payment was verified.Chase has told me they have even had social security checks bounce from the government.I am not joking...............On what you can do to collect you first have to get a judgment.The in most areas you can go for a bank levy or a wage garnishemnt.For the bank levy you cannot touch social security,pension,or retirement funds.If those are pulled out the money will be reversed back to their accounts and credited.On a wage garnishment you can only collect up to 25% of income from their check and that's if they make over the federal poverty guidelines.If they don't make over the guidelines you can't do squat.If they make over 25% that is the total that can be taken out period.So if 2 garnishments are before yours you get what is left over out of that 25%.Generally the people will not stay at the job and will move to an all cash job to avoid the garnishment or they will file BK.There are collection companies that will buy the debt from you outright for very cheap or you can have an arrangement where they get so much of a percent of whatever they collect and the rest is yours.You can set it and forget it and put your time to other uses.Judgments are easy to get and very hard and time consuming to collect.The moral of the story is to screen your tenants very wisely and make sure the money is in hand.When I sell stuff on Craigslist I only take cash and I have a pen to check the bills.Some might call that over the top but I have never been scammed.Just like my friend said I was paranoid always looking for cops so I wouldn't get a ticket.My driving record is perfect and he has 2 tickets in the last year jacking up his insurance rates.no legal advice

@Fadi WI am not going to suggest ways out of the predicament because I have no direct experience in the USA market, especially these types of deals and it appears there is a lot of very good advice on alternatives that could help you posted here.

City planning isn't an issue of morality.

The moral of the story is that even after the upfront due diligence, the investment is not as passive as it would seem.

It just stops when NOI hits $0.Another key is that you must use the vehicle 100% for business use, otherwise you have to get involved with complicated formulas to book income in the years in which the vehicle was not used 100%.Moral of the story - unless you are running a full scale enterprise and can afford two vehicles, one in which you use 100% for business, stick with leasing or mileage tracking.

Currently in this same predicament. 

Like I had some moral obligation to accommodate a buyer who couldn’t fulfill the contract.