Getting that tenant out before the point when they stop paying is a wake up call to them to find a unit that they can afford. 

I can only imagine they consulted with the big hedge fund companies and made sure there was enough left on the table for them to stay interested, they can buy all the liens and make next to no interest if they want to.

I haven’t seen it personally but I imagine it’s some kind of “use us to sell or pay a penalty” clause. 

I imagine all of these units are going to require pretty extensive remodeling.

I couldn’t imagine telling my attorney that my property manager doesn’t feel comfortable sharing notices and material communication to me.

I imagine that is 100% truth.

I had a tenant that was imagining noises from the upstairs tenants and would not put up with normal noise such as walking, doors closing etc at reasonable hours. 

Imagine if you had one single-family home.

Imagine this on a large scale where people depreciate $10Million  the government gives them a 30 year, zero percent $2.5Million loan  pretty sweet eh?

I can't imagine it could be worth the hassle.